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Re: Lord DarkHelmet post# 2387

Wednesday, 01/18/2012 11:15:26 AM

Wednesday, January 18, 2012 11:15:26 AM

Post# of 2846
Ok cool thanks man. I initially just bought the ITM put but then my buddy told me to go with a ITM call to strangle, just incase BAC surprises. So that's why I was ITM.

I bought 2 contacts of each. The puts at .91 and the calls at .72.

I actually sold the Call at open for a loss due to headlines saying BAC can and will report poor earnings tomorrow and other message board jibber and of course the Fking thing rallies 4% right after. So now I'm just holding a ITM put which will probably just turn into a bag by Friday.

Maybe I should go back to penny stocks lol

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