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Thursday, 11/21/2019 4:39:10 PM

Thursday, November 21, 2019 4:39:10 PM

Post# of 54153
Jan 2021 calls still holding strong with 10K on the bid all day at $.05 and no takers? Curious. Updated Conservative risk reward play for today's price: Buy ZN @.20 and sell Jan 2021 calls for $.05 Make an immediate 25% profit (reducing effective purchase price from .20 to .15) And you still get to keep any potential upside up to $.80 which would translate into an additional 700% 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 15 cents.

EXTREMELY favorable 7:1 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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