InvestorsHub Logo
Followers 26
Posts 4429
Boards Moderated 0
Alias Born 06/08/2010

Re: glass_half_full post# 20384

Thursday, 07/12/2012 1:09:08 PM

Thursday, July 12, 2012 1:09:08 PM

Post# of 80490
Correcting your typo, the 2014 Jan 25's. I suspect it could be bw or doubling down with those put premiums he's been harvesting the past few days, second guess BTH, third (and likely), a big game retailer out there.

It's an interesting trade, probably very lucrative (but not my cup o tea as a more ditm, not that far out, guy). Given this stocks habit of doubling every year, We'll be mid 20's by Jan 2013, and lets say $40-$50 by Jan 2014. That's a $12-$22 profit at exp X 40000= $480K to $880K profit, on a $100K risk.

2 Questions: What global recession? What financial cliff (nonsense)?

Other Question now that we are green, who sold at $16.60 today?

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.