Chen trader moo :
10percents : 400 orders? 40000 X 5. you will are rich now.
10baggerbamm OP 10percents : 400 contracts that were bought at 55 cents at a 110 strike for a Friday expiration.
iced9999 : what's the gains now?
10baggerbamm OP iced9999 : I cleared over 200
iced9999 : will it be calls still? or it is going swing again?
10baggerbamm OP iced9999 : no I sold puts on micron just below the market a couple of bucks to collect the premium in case it pulls back further and then I bought the stock out right with a big chunk of the proceeds.
Chen trader moo :
10percents : 400 orders? 40000 X 5. you will are rich now.
10baggerbamm OP 10percents : 400 contracts that were bought at 55 cents at a 110 strike for a Friday expiration.
iced9999 : what's the gains now?
10baggerbamm OP iced9999 : I cleared over 200
iced9999 : will it be calls still? or it is going swing again?
10baggerbamm OP iced9999 : no I sold puts on micron just below the market a couple of bucks to collect the premium in case it pulls back further and then I bought the stock out right with a big chunk of the proceeds.