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deckhead

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Alias Born 04/25/2013

deckhead

Re: None

Thursday, 04/25/2013 2:40:56 PM

Thursday, April 25, 2013 2:40:56 PM

Post# of 65
Noob Options Trader here. Recently purchased 2 may 180 calls @ $830/call for LNKD. Now wanting to limit my risk. Thinking about selling 2 May 200 calls for $700/call. 1st of all, does this sound like a good plan? 2nd, am I correct in saying that if LNKD closes at 200 on expiration, I would make $1,870/call?

TIA for putting up with me (no pun intended)
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