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JLS,Lesson, don't count chickens before they hatch.

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Qone0   Wednesday, 02/19/14 02:21:38 PM
Re: JLS post# 1967
Post # of 2000 
JLS,

Lesson, don't count chickens before they hatch.

Quote:
That's a gain of 480% so far.



Lets try and be a little more accurate in posting "so far" gains as in today's gains.

Today ZNGA $4.50 jan 15 calls are bidding 1.33

Today ZNGA $4.50 jan 15 puts are asking .78

To close the trade today your cost basis would be .97 on the calls after closing the put side.

So what is the percentage gained "so far" now?

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