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Re: maverick_1 post# 37936

Wednesday, 07/29/2015 12:43:56 PM

Wednesday, July 29, 2015 12:43:56 PM

Post# of 725120
Folks, I will reiterate, keep an eye on the ask price for the deep-in-the-money call options. Net they are often going for less than the current SP. Most of these get ignored because folks want more leverage, so opt for the out-of-the-money 2017 call options. HOWEVER, if you have the capital to do so, I would encourage folks to purchase the options and exercise them...then sell the shares if you need to. It is better to take out the shorts leverage and put shares into circulation.

Here I am with a good number of Jan 2017 $5 calls that I picked up recently on the downturn. The current bid+strike price for these options is actually less than the current share price...guess you know what I am planning to do...
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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