A notice to Noobs regarding Expiration friday.

[spindr0]

Quote from donnap:

LOL Spin. Thanks for bumping this one up. I was hoping it would just fade away. (oops, mia culpa). Shades of yahoo MBs or "you can lead a monkey to water...."

I wonder what fertile ground he's polluting now

 

[lassic]

sold 2.50 puts
the stock closed 2.64, according to IB and others

still had assigned to me

made extra $.10+ if stays there Monday

may cash out or sell some calls

 

[dagnyt]

Quote from lassic:

sold 2.50 puts
the stock closed 2.64, according to IB and others

still had assigned to me

made extra $.10+ if stays there Monday

may cash out or sell some calls

Tell us about it after you make the extra 10 cents. Don't ignore commissions.

Mark

 

[lassic]

I'm curious what price it opens on Monday

I'll post a follow up

most likely, going to sell some calls

 

[spindr0]

Quote from lassic:

sold 2.50 puts
the stock closed 2.64, according to IB and others

still had assigned to me

made extra $.10+ if stays there Monday

may cash out or sell some calls

If it's your desire to be an owner (long stock or covered call), go to the next reply now.

If you're looking to cash out and you don't want to take pot luck, look to sell it in the pre-market. Determine the lowest ask price and put in a sell order a penny below (assuming that it's an acceptable price above $2.50). Set a price alert to let you know if someone comes in with a better price so that you can reset and remain first in line.

Chances of executing a sale are better if it's a 4 letter critter (NAZ). The 3's often don't trade at all in the pre but sometimes you can get lucky.

NCS ?

 

[lassic]

Quote from spindr0:

If it's your desire to be an owner (long stock or covered call), go to the next reply now.

If you're looking to cash out and you don't want to take pot luck, look to sell it in the pre-market. Determine the lowest ask price and put in a sell order a penny below (assuming that it's an acceptable price above $2.50). Set a price alert to let you know if someone comes in with a better price so that you can reset and remain first in line.

Chances of executing a sale are better if it's a 4 letter critter (NAZ). The 3's often don't trade at all in the pre but sometimes you can get lucky.

NCS ?

nice guess
been accumulating a boatload by selling puts
either going make a killing or be killed

 

[spindr0]

Quote from lassic:


nice guess
been accumulating a boatload by selling puts
either going make a killing or be killed

LOL, no guess. Closing quotes were good and only one closed at $2.64

Just a matter of looking in the database at the 2's and VOY-LA!

Good luck in the AM

 

[lassic]

Quote from lassic:

sold 2.50 puts
the stock closed 2.64, according to IB and others

still had assigned to me

made extra $.10+ if stays there Monday

may cash out or sell some calls

follow up
closed Friday at 2.64
open today at 2.75
bid now 2.62

i think im going to keep and just sell calls after knowing for sure i have been assigned

but to me, that much otm and still be assigned is bs because i already set my strategy in place for next month, the last 15 minutes on Friday

but it is my fault for not closing out the contract