Like he said, they were selling for a $1, so 100 x $1 = $100......right? :)
:D
by the way, ace, 100 contracts @ $1 would be $10,000,
not $1,000.
Is this April 1st?
I'm just glad he had enough in the account to cover it.
With all the stuff you guys give me about trading without knowing greek from sicilian, I can't believe everyone's going so easy so far..................
OK, OK, ya want free?
Here ya go.
Sell the GOOG Jul 310 puts,
or the MO Jul 60 puts.
Both about .20.
Safest play there is,
absolutely can't miss,
take a second on the house,
use the kid's college fund,
max out the credit cards,
ask friends and relatives for money...
Hey, I'm still here!
Yeah, I got knocked down :eek:, but I got up,
dusted myself off, and I'm back at it.
'been doin' good since. :)
(maybe I'll be back to even in a few months.......:p :D )
Well, a529612, GOOG's lookin' mighty strong here, yer' probably feelin' a little better. Don't forget, earnings are next month, and remember what happened the last time earnings were declared.
I know I'll never forget..........:(
ouch.:eek:
First of all, I stated the wrong option position.
I am short calls, not puts....duh.
I could not be at the computer this afternoon, and I am ITM by a buck.
I was going to buy it back this morning, but.....................
I had the trade ticket filled in, but didn't press "Submit"...
So, I'm darn close to being ITM on a short OTM naked put equity position,
and I want to be darn sure when the "finish line" is.
The close of trading, this Friday right?
Or am I still in play because of after hours trading?
Or.......?
This is what my broker has on their site:
"Options...
Once the truth about E85 is fully known, the excitement will go away. It's not such a good idea.
And to your question, how low will it go?
Well, I know how low it can go.............
zero.