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Re: MJPLIFE11 post# 339181

Friday, 09/30/2011 12:27:44 PM

Friday, September 30, 2011 12:27:44 PM

Post# of 433036
He's selling naked Puts which means his upside is only the premium. If IDCC goes to zero before expiration he is on the hook for $40.30/share. If IDCC gets bought out for $150 before expiration, the Puts he sold are worth zero and he keeps the premium but not any of the upside.

I'm not saying it's a bad trade (I think it is a good one), just wanted to point out the extreme outcomes.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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