Recent content by cramerica

would you use to make money on a stock that doesn't move much? TIA

I sold a $36 call on Hal. It closed today at $36.20 and in after hours trading it is moving around from 36 to 36.15 range. My question is: Will it be called away? If it were me I would not bother to call it for .20. Oil was down almost $2.00 so stock can possibly be purchased cheaper than 36 on...

Thank you, that is good to know.

Lets say I sell a call for $2.00, the stock tanks from $30 to $20 and that option is now .50, then the stock comes back to $31. The first buyer is at a loss, but could the second buyer exercise my sell for a profit? Or does it have to be someone who paid the 2.00 to call my stock? Just...

Thanks for the replies. That is how I thought it worked but was not sure.

When you sell a call does it go to a specific buyer (only one person who owns the call you sold) or can anyone who has bought an option on that stock exercise it? Hope you can understand what I am trying to say. TIA

Ok, I bought a cat 110 call that expires today, the stock is at about 107. Yesterday (Thursday) the stock was down roughly .50, at that price the option showed a last price of .01, ask of .01 and bid of .00. Late in the day the stock was up .05 and the option was, last sale .04, bid .03, ask...

Atticus, I don't have the certification but some have said I could get it easily. By saying not to sell now are you saying it may go up some? Free Thinker, I wish I could blame it on Cramer but I did this on my own, thought Cat was unstoppable. Thanks for the replies, keep them coming.

I bought some April $110 calls on cat for 2.56. Needless to say I am losing big, is at about .20 now. With todays big drop I think it will go up some with a decent market day later the week. My question is: I know it will not reach the $112.56 price but do you think it is worth buying some...

Thanks again for the replies. KINGOFSHORTS, I had misspoken what my intentions were. I do not want to sell naked options. I only want to buy options. Another question I have is if anyone here is playing on Wall Street Survivor? I can not find anything on there that shows a profit/loss on a...