Replies to post #19141 on Option Millionaires

[jimmybob]

Was watching CITI today and thinking the same freakin thing! LOL!!!


Funny part about the entire market is there are soooo many insane multi-bagger plays... Historic times to be trading options...

Here is a funny example, because it happened to me...

Bought a boatload of March $19 puts for .86 or so at the start of the month when JPM was at $23 or so... It held up while the market was tanking at first, so i locked them all in for a small profit and went the other way with $25 calls for CHEAP. Then it tanks even further and I sell the calls. If I played the buy and sell right I would be up HUGE, instead I barely squeezed a profit... Would have been 5 bags both ways... LOL