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Re: muddybrazos post# 11886

Thursday, 07/09/2015 11:46:36 AM

Thursday, July 09, 2015 11:46:36 AM

Post# of 38634
yes bid is 4.40 but that's me at the 4.80 ask - also me that got $5.20 a few days ago - (like getting stock for $2.30) as you see on the last trade - also me sitting on the Jan $5 put for $2.50 - if someone is willing to buy my ask and give me 2.50 I'll take it - like getting ipci for 2.50 now - if it goes to $5 which is the max profit you can make - you'll make 100% - if you buy the stock - it would have to go to $7.00 for you to make 100% - so it's not as simple as saying the most you can make is up to $5 - you need to work %ages -