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Re: alertmeipp post# 5945

Sunday, 01/21/2024 11:30:11 AM

Sunday, January 21, 2024 11:30:11 AM

Post# of 7229
Options not yet. Current price is not favorable to buy options. I wish there were strike price for 6,7,8,9 etc...but it only has 5, 7.5 and 10..and so on. Favorable options environment would be...if the stock price doubles from current price in the next 6 months...and If I buy the nearest out of the money options today...and end up making over 10 times...There was such options pricing environment in 2019 and I got lucky buying at the low and selling at not the top but close. price moved from 11 to 22.50 between june july 2019 and jan 20..and i had bought in june or july..jan 22 exp 12.50 calls for 1.20 per contract..it further dropped to 80 cents after i bought but gradually climbed and around the expiration date it was 10 dollars

I am looking at July 7.50 calls but its currently trading at 95/1.15... If it was trading at below 50 cents..that would be great
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