Replies to post #1022 on RespireRx Pharmaceuticals Inc (RSPI)

[Market_Fest4]

Gfp,
It's a matter of ratio. For the $3 stock, you'd pay .50 for a put to save $1.00. For a $30 stock, you'd pay $1.00 to save $14 - that's a much more favorable ratio.

I contend that at $3, COR IS priced like an option. When you buy the put on the $30 stock mentioned above, you are paying an insurance premium, and if the stock stays at $30, you lose the premium.

If you buy COR at $3, the worst you can do is lose $3. The best you can do is unlimited (theoretically). That having been said, would somebody please dump COR or panic so I can get a better price for an option scenario I want to execute?

MF4