Replies to post #205197 on Zeev's Turnips Patch-No Politics (ZEEV)

[lee kramer]

I like options. Trading, I prefer in the money options. But if you have a lotta dough, writing options [not naked] can produce some nioce % returns.

[Zeev Hed]

Yes, but I am sure the $25 put was quite expensive (even the $30 calls must have been because of the recent high volatility), if we end up between the two, probably a 10% or so premium evaporated. The puts were probably around $2 or more and the $30 calls, no less than $1....