InvestorsHub Logo
Followers 19
Posts 7257
Boards Moderated 1
Alias Born 04/21/2006

Re: None

Thursday, 09/17/2009 4:05:22 PM

Thursday, September 17, 2009 4:05:22 PM

Post# of 36
Trying something with AIG for tomorrow's options expire.

Bought 100 $41 calls and 100 $38 puts for a combined .70. Basically I want AIG to go way up or way down tomorrow. I did an analysis and in the last month, if you look at the % change of the highs and lows each day, there were 2 days that I would have lost 100% of my money, and 3 other days when I would have lost some money. But on the other end of the spectrum, there were 5 days that I would have had the opportunity to make 500% or more, and another 10 days that I would have had the opportunity to at least double my money. So i am taking a shot here, and hoping AIG moves big tomorrow, one way or the other, and that it's not one of the 2 days I would have lost all of my money...
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.