Replies to post #118880 on Bagman's charts, watchlists, scans and etc.

[**D*A**]

Somewhere around .85 - .90 per contract at this point.

The expiration date is tomorrow, and they are in the money. They will lose premium fast, but if they keep going up, each .01 move in the stock price, will return $1 per contract, since they represent 100 shares.

Think of it like this, if they were executed at the strike price, you would pay $48.50 for 100 shares. Anything over that is profit, so if they went to $49.20? then they would already be .70 more than the strike. The intrinsic value, would be .70 + any premium that may be added.