Replies to post #40049 on Options Wonderland

[langlui]

Do you know when they'll announcement the auto bailout plan next week?

Was looking at UYG, if it passes $6.50, then it will just go back to test $7 and $8s. The $6 call option today went for a +75% (well more than 100% if you bought at open today).

UYG $7 call is only $0.30
UYG $8 call is only $0.10