ALL THINGS AWESOME

[meegwell]

So for those interested in more information here, and correct me if amy assumptions are wrong Chris...

You bought 5 contracts on the jan 13 20 at about 1.50 for 100x5x1.5= 750 and then added 2 jan 13 15 at about .85 for 100x2x.85=170. Total investment minus transaction fees about 920. If the stock, currently trading at 24, tanks to 10 you stand to gain about 5k on the 20s and about 2500 pn the 15s???

Its been years since Ive sat in grad derivitave modeling courses so I am totally rusty but very interested in getting back into this area as a replacement for my penny stock high that is now depleted....and to put spec money on the line rather than construct hedging portfolios....