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Post# of 695365
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Usproptrader

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Usproptrader

Re: None

Saturday, 08/22/2015 6:38:16 PM

Saturday, August 22, 2015 6:38:16 PM

Post# of 695365
Just a trading idea.
As the review of the data is supposed to take two weeks which would bring us to September 7th say.
Then as the 16 Oct 9 calls are only 50 cents there is a trading opportunity.
If the news is bad stock could go to $3 and the loss would be the 50 cents or $500 for 10 contracts.
However if the news is positive what would we guess the stock would go to? 15 maybe 20 .
If the stock goes to 10 we double if to 15 we are up $5500 and obviously more at higher prices. Of course you can buy more or less contracts.
Just an idea, but at least the loss is limited.

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