Replies to post #527 on Big Board Toolbox

[boca_bobby]

What is your target price?

I really like to buy as close to the money as possible if possible. Why? what if I am wrong in the short term? If I bought the $45 Strikes instead of the $50 Strikes, my recovery will be made easier. Not to mention, the lower strike prices increase in value much greater than the higher stike prices.

Yahoo is showing:

$45 calls @ $2.05
$50 calls @ $0.85

We're talking about a difference of $1.20 for the buy of a lower stike price that lowers my risks and pays more in the long run if we are right. Just the lower risk would make me smile! Remember that we could lose the whole premium paid if all of a sudden overnight the stock dropped (aka BSC) and we can't sell our options until the market is open!!!

With all that said, I really like that chart! LOL

Just my thoughts.........

Boca_Bobby

[goosemeister]

now those aug 50 calls would have been nice, 207.