No I didn't sell. That jump was too fast. I'm gonna hold til tomorrow, let it expire worthless if it doesn't bounce. Just a lotto so not risking much.
CRAZY gains thread..1000% gainers or more. (options) - Page 50
Looks like I was a day early on LVS. Up 3.7% now, trying for that 20 ma again. Those calls are at .50 now
you're tough man
INTC 27/25 weekly straddle for .09 (super small play ).
I think we're about to see a decent move this week....
so far, 256 puts to 1325 calls have been traded at those strikes...someone is buying insurance....
Edited by OldFart - 7/30/12 at 11:36am
I'm new to the option game, so new in fact that I just started trading them within the last two weeks. But I did buy 20 ACI $7 AUG calls for .10 on Thursday and sold them for .54 this morning. I also bought 8 MPEL $10 AUG calls for .30 on Thursday and sold them for .80 this morning. Now I have 4 SODA $45 AUG calls in at .60. I'll see how those go on earning next week.
I guess I had bought 5 contracts of SODA at .60, not 4, and although I went into it with intentions to sell after earnings next week, I got a little nervous after the move up today, thinking there might be a slip tomorrow and ended up selling at $2.20 this afternoon.
good idea, and looks like you got a handle on options so far...