$唯品会 (VIPS.US)$I'm picking up $15 put options March 20th

• 70078149 : How long u gonna hold it ??

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• Trader-101 楼主 70078149 : I'm not sure I'm hoping it sells off like the rest tomorrow and it's just going to be a swing trade but one thing I do know this is the 52 week high and low almost positive that some people are going to get greedy and start securing profits before the weekend

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• learningeveryday : ok so does that mean the stock has to go below the $15 mark to make money?  But the lower it goes the more money you make right?

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• learningeveryday : so the put only gets you money if it goes below $15 and the lower it drops the more money you make?

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• Trader-101 楼主 learningeveryday : no you get money if it goes down any but once you go below 15 then you could actually exercise that option if you chose to but what two drops below 15 you're doing really well by any drop is going to increase your profit

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• learningeveryday : oh so if it drops at current price?

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• Mark Padilla : should I sell my $Heat Biologics (HTBX.US)$ I got them for 1

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• learningeveryday : oh thanks.  I appreciate the help

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• 70074616 : Betting on profit taking seems fair enough i grab two contracts at .30

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• Trader-101 楼主 Mark Padilla : I sold for 1.23

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