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Re: mknhouston post# 15092

Monday, 08/18/2014 1:05:04 PM

Monday, August 18, 2014 1:05:04 PM

Post# of 56820
MK, those calls to make money if they were purchased at .03 or .04, do not have to get to 6.50 to make money. I would imagine that if the ask gets to 6.05 they would be making money. It's not what the strike price is, it's what you pay for the call and what it moves to. If the price goes to .05 and the pps is 6.05 and you sell and get .05 you made money.
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