Recent content by washtub

Hello out there in options land, I am looking for a compacted list of all companies with LEAPs available. I am new at this and am trying to educate myself on the scope of available LEAPs, the longer options available. I am using options express to research, but am having a difficult...

So, just to clarify a bit more--the options on Capital One that Cornwall sold are worth approximately stock price at time of sale minus strike price plus any time value left minus fees------They never actually had to buy Capital One's Stock at 40 in place of whatever it was worth, around 95 or...

Thank you so much for your response. I understand quite a bit more now on how to calculate the difference, but I did some calculations and am still a little confused-- 95.25 - 43.25 = 52 in the money 52 / 3.25 = 16 multiples so 16 * 26000 = 416000 dollar profit after exercising the...

I'm doing some research on LEAPS as a form of investing. I love the prospect of betting on out of favor stocks through LEAPS that seem poised for big changes, such as what Cornwall Capital did back in 2003 with their bet on Capital One rallying post-investigation. However, I don't understand...