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PlanTrader

04/08/21 5:45 PM

#36776 RE: GD #36775

@GD, that's not what Meirluc said Gavin told him. But that IS what hopeforthefuture said. So, who's interpreting IR correctly? This is like the old telephone game. lol

sab63090

04/08/21 5:52 PM

#36778 RE: GD #36775

@GD

I respect your position and it makes sense to me with the full realization that there is tremendous risk associated with it.

Those who are claiming to have zero info by April 16th on option expiration may or may not be correct; I surely don't know.

My "assumption" is that they have written (most likely) covered calls against their position.....or......short puts (naked) assuming a drop in price will allow them to obtain a lower cost basis or if the stock takes off to the upside, will have gained the premiums.

All in all, anyone claiming they have more information are not being totally honest.

Best to just do what you have done and accept the risk.

Best of luck!