Saturday, September 23, 2017 9:10:10 PM
Hey Jax!
Still busy up there huh! Weather looked good today.
Well was thinking thinking more like it pulling back to around support before continuing...
So just for example, that last move was almost $9. If you look at Dec. $47 calls for around $58 they pay .22 a point with small deterioration & that pay out will rise if EWZ rises closer $47..
So if that last run were repeated or something close it, it would pay nicely..
Just a thought, saw one guy who bought LMT OTM calls after the election for .79, they were up around 1k% not long ago, thats what got me thinking about it longer term stuff :)
Still busy up there huh! Weather looked good today.
Well was thinking thinking more like it pulling back to around support before continuing...
So just for example, that last move was almost $9. If you look at Dec. $47 calls for around $58 they pay .22 a point with small deterioration & that pay out will rise if EWZ rises closer $47..
So if that last run were repeated or something close it, it would pay nicely..
Just a thought, saw one guy who bought LMT OTM calls after the election for .79, they were up around 1k% not long ago, thats what got me thinking about it longer term stuff :)
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