GE call

[automaticaev]

The call options for GE for less than 6 months look pretty sound to me. Does anyone agree?

 

[Genevian Speculator]

Id rather buy puts. I wonder if they can even survive Corona.

 

[automaticaev]

Im looking into it.

 

[.sigma]

Just buy shares man

 

[automaticaev]

Just buy shares man

I guess but I don't want to risk losing a lot of money from buying shares. Options are just safer and much better at making income.

 

[.sigma]

I guess but I don't want to risk losing a lot of money from buying shares. Options are just safer and much better at making income.

You are right, I went back and looked at the chain in GE, very liquid, very cheap. Obviously this stock is undervalued right now. Its value area is sitting around $10/share, and the calls are looking very open interesting and cheap relative to vol as well.

 

[automaticaev]

good good their hatred makes them powerful gives them focus.

 

[zghorner]

all i can say is at least they were in a ~3 month up trend prior to mid February...buy calls.