$Opera (OPRA.US)$ and if Apple doesn't make an announcement ...
$Opera(OPRA.US$ and if Apple doesn't make an announcement you know what's going to happen it's going to go right back down to 13 bucks so that's what I would speculate on that there's not going to be an announcement and you can buy the June puts right now for a nickel they expire this Friday the 12.50 puts for 5 cents. you get a lot of leverage for not a lot of money and you're going to know real soon if you're going to make a huge return or it goes to zero it's a very good risk reward
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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MomentumPython1337 : good call, i was monitoring this also
10baggerbamm OP : it's about as cheap as you're going to get right now with the stock up taking you should fill it a nickel it might take 10 minutes but if you were to buy a hundred contracts that's like 10,000 shares and you got 500 bucks into it.
MomentumPython1337 : up 80% on my puts thanks mate lol
MomentumPython1337 : not sure when to sell, not very familiar with options
10baggerbamm OP MomentumPython1337 : let it ride... it's your call you can't put a stop in because it's in the spread or on the bid and they'll take it right away it's really a bet that the news isn't going to come out today or tomorrow on this company or maybe it was just a rumor that's not going to come to fruition. but you got to make the call if you're happy making that percent which is an awesome number on any you tell someone you make 80% on the stock will be like that's amazing well you did in an option a few hours so it's your choice I mean if the news comes out and apple is using them the stock's going to go to 20 and the options going to go to zero bid so maybe sell half of your position let the other half ride