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Re: Diogenes of Sinope post# 310

Thursday, 07/18/2019 11:46:55 PM

Thursday, July 18, 2019 11:46:55 PM

Post# of 341
Boy....Sure seems like they've got some obscure names in there (never realized that)


Anyways.....would just like to store some of this info (here).



9 sessions later ;



9 sessions ago could've bought (puts) at 1.15 and sold them (today) at the bid of 1.45


Resulting in a 26 % return




hmmmmmmmm






Alternatively also - One can SEE how the calls have done !


Yikes - What if one'd purchased some Calls back then (at .80) ?
The Bid on them now is just .30 !





I THINK I see that thing coming down to $ 16
So, perhaps there's still room to make money using puts.
Would (i'm guessing) result in around a 20 % return
Wonder if that's worth the risk....






Once it hits $ 16 the Aug $18 buck calls, would probably be asking around a dime