Search results

I never thought of it until now. * Put buyer puts me 500 shares of SNDK @ $60.00 * $60.00 - $4.70 = $55.30 * $57.52 - $55.30 = $2.22 * Stock sold @ $2.22 discount. Those then would be debt spreads instead of credit spreads, correct?

Ok thanks.......I actually made my first mistake on this trade, I didn't check when earnings where. I found out the date after I placed the trade :eek: .

Thanks jj90 Since earnings is an expected announcement I figure that IV is already priced in. But if SNDK announced today that they have very important news in 2 weeks then IV would jump, negatively affecting my trade. Since today was my first day of 3 at a loss I will hang on into next...

Thanks DonnaV I'ts only 1 day in 3 of my position being down, with 3 weeks to go. My main concern is getting exersized on the ITM short puts before expiry. After this postion is closed I will then re-evaluate my loss/profit and plan my next position. SNDK earnings is *April 20, day before...

Questions: * What are the chances of my short puts being exercised before expiry? * Will I be given the chance and time to buy them back instead? I'm sure this has happened before on a credit spread, being exercised on the short position, and it would screw things up for me. Thanks.

I'm in a SNDK April bull put spread. I plan on exiting before earnings on Thursday April 20, just 1 day before expiry.

Thanks DonnaV The commision for this trade was quite high and will severely affect the trade. I'm with BMO Investorline and each position cost me $35.00 or $0.07 per option, thats $70.00 plus another $35.00 to close out the short side if I have to. I'm looking into Interactive Brokers. I...

SNDK @ $58.74 Sell April 60 put @ $3.90 Buy April 55 put @ $1.85 5 contracts each. Maximum gain $1,025 Maximum loss $1,475 Commissions not included. I sold the ITM options to capture the premium and bought the OTM options as loss insurance. Comments welcome.

I took up KevinHenry's offer to join the yahoo Refcofx group and made a post explaining my situation with RefcoFX. I was then personally attacked through email and a post with my name as a topic by kevin_henry55 and his alias connor_maxwell. Be carefull of the information you post over their...