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Re: RNsidersbuying post# 111886

Tuesday, 03/26/2024 11:39:33 PM

Tuesday, March 26, 2024 11:39:33 PM

Post# of 113123
Overall, that is a high priced OTM option

price on a $10 share price...

.10 to .20 would be more expected

to see on a $10 share price...

Whole lotta premium hype built into

that option price because of price rise...

Folks with good profits riding that debated

selling now would have a tough choice

between selling that 10 call at high premium

or taking the current price for profit,,,

if'n they were gonna play to buy again

lower on any price pull back...

Overall option review only, you could

insert any symbol on the thesis...

SQQQ, highly liquid, only had a few cents

premium on 10 calls today above the

trading price for Thursday calls...

it expands a little bit a few weeks out...

But the turns come cheaper playing the

cheaper, short dated expirations often...


So we watch...LJ

Gee Beav, rithmatic isn't usually this hard to read!

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