IAMGOLD Corp (IAG)

[GABRIELXX]

Schneidku,may I ask why did you do that?

December. 0.50 Bid Ask 0.90x1.10
March 2016. 0.50. 0.90x1.10
January 2017. 0.50. 0.90x1.30
January 2018. 0.50. 0.80x1.40


When buying/selling deep in the money calls/puts I always choose the longest possible timeframe,here would be now 2018.Why?Scenario on day expiration December

Iag fell to 0.50c,...you have lost all your money invested without any chance to regroup if the stock recover in January.

Deep in the money options aren't usually far off from itself.Look on the spread.for about 10-15c more you could have buy 2018expiration dates!!!


Fyi. This is just food for thought,hope you had good weekend.Trade on!