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Re: Porgie Tirebiter post# 34931

Wednesday, 11/20/2019 11:08:08 AM

Wednesday, November 20, 2019 11:08:08 AM

Post# of 54156
Options are holding strong. Strong buyer of 19k shares on the current bid at .05 for Jan 2021 calls:

Updated for today's price :)

Conservative risk reward play: Buy ZN @.17 and sell Jan 2021 calls for $.05 Make an immediate 30% profit (reducing effective purchase price from .17 to .12) And you still get to keep any potential upside up to $1.00 which would translate into an additional 800% 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 .12)

Extremely favorable 8:1 gain/loss conservative hedging setup
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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