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Re: Porgie Tirebiter post# 34756

Tuesday, 11/19/2019 4:36:17 PM

Tuesday, November 19, 2019 4:36:17 PM

Post# of 54156
Conservative risk reward play: Buy ZN @.15 and sell Jan 2021 calls for $.05 Make an immediate 31% profit (reducing effective purchase price from .15 to .10) And you still get to keep any potential upside up to $1.00 which would translate into an additional 900% gain should ZN rocket to over $1. Downside risk is that shares are locked down (unless you buy back and very illiquid and price goes to zero with potential loss of .10)

Extremely favorable 9:1 gain/loss conservative hedging setup

Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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