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boca_bobby

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boca_bobby

Re: cta751 post# 321

Friday, 03/14/2008 11:09:07 AM

Friday, March 14, 2008 11:09:07 AM

Post# of 789
I just rolled my profits from APOL and few extra coins into ONXX!

Buy 10 April $25/Calls @ $3.50.

That makes the Break Even point @ $28.50 for the PPS of ONXX.

The Current Delta is 64!!!!

So if we get to the break even price of $28.50 on the PPS of the stock, my options should be worth $4.88 according to the options calculator. Thats a potential profit # of 39.4%.

Looks like a nice play to me. Any thoughts?

RUN BABY RUN!!!! LOL

Boca_Bobby

Boca_Bobby

Mom said there would be days like this!

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