SPDR S&P 500 (SPY): Lose a pretty penny on those $C calls?...

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Re: NewYorker567 post# 242169

Thursday, 09/28/2017 8:46:17 AM

Thursday, September 28, 2017 8:46:17 AM

Lose a pretty penny on those $C calls? I think that's impossible to determine as they are 15 months out.

$C is one the cheapest of the big banks on a book basis and between tax reform , the economy, and inflation leading to rate hikes next year I think $C could easily print 95 before expiration.

A lot has to play out though... that's for sure

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