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MySpace just sold for $35 million, Linkedin has a market cap of $7 billion. MySpace = Linkedin.

Perhaps a cheaper way to trade GRPN is through the new Social ETF - SOCL, which launches tomorrow. It will included GRPN, LKND and of course Facebook. http://www.elitetrader.com/vb/showthread.php?threadid=230749 I think this new ETF could be an option traders dream, it should be very volatile.

FYI Set to launch on Tuesday - Nasdaq: SOCL. My guess this ETF will be very volatile. Social Media - ETF

LOL bwolinsky

Jayre is still upset with IB because of a margin call back in August. http://www.elitetrader.com/vb/showthread.php?s=&threadid=225150

Another potential problem could be the unlikely event that the short calls spike in value higher than the long calls for a brief time. Hard to believe but something to be aware of. http://www.elitetrader.com/vb/showthread.php?s=&threadid=225150

How long is your account suspended? Last time I checked it was 3 months.

OK ...... an AAPL April12 500/505 Call spread will cost about $1.00. AAPL is $406 today and that of course means a $100 gain in about 6 months. http://finance.yahoo.com/q/op?s=AAPL&m=2012-04

We need a real stock symbol to look at the numbers. Your $1.00 call option example is no good.

You might be able to buy them at $0.01, but the bid would probably be N/A.

I don't think so, no earnings for LNKD.

LNKD would be a good indicator, even after todays almost 6% decline the OTM puts also lost value. http://finance.yahoo.com/q?s=LNKD

Usually within 1 month.

Up 30%

iplay1515 ...... You owe all of us at Elitetrader an apology for your treatment of Spindr0. Spindr0 was trying to help you and all you do is pee in his face.

It's two positions, a Cover Call and Short Strangle. I guess you could put lipstick on the pig and come up with some exotic name.

"I would like to straddle you" or "Would you like to see my iron condor?"

Post your exact trade, then we can crunch the numbers. The results will show your idea sucks.

Good prediction but option expired worthless, I got the direction right but timing off by one day. BIDU did get to about $150.00, $15.00 short of what I expected. ---------------------------- I put the ELITE in Elitetrader :)