Replies to post #57 on Scorpio Bulkers Inc (SALT)

[MisterEC]

Friday SALT could never get over 5.00, for long, and the options I sold, expired, worthless.

I most likely will sell another $5 call, maybe the January. The call next in line is the $7, will have a very low bid, and if I sell a $5 call around 5.80, maybe I get a $1.00 for it, and should really expect it will be taken away at $5. My net price would be 5+0.25+1.00 = 6.25.