It was a Shelf Offering at $2, those poor kids on Robinhood, ouch!
LK to resume trading Wednesday after a month of being halted.
- Thread starter Amun Ra
- Start date
Technically, you paid rent. But I had actually forgot about it until I saw a news article that LK was resuming trading. I ended up taking a long shot and putting in an order at .02 last night just in the tiniest case that a flood of market orders came in and cleared out all the buyers with a big spike down. Then I remembered you.
I remember everyones trades that spouts a lot of B.S. or bragging on here. You're not special. LOL. But I do forget the trades after a few months usually.
It is an old lesson.
A Guru and his disciple were walking in the Himalayas back to their monastery. It was a long way and the roads were tough as it is a hilly region. On their way to the monastery there was a branch of river Ganga flowing fully though less violently.
There was an young maiden sitting close to the river, whose village was just across the river, she was scared to cross the river by herself, she asked the elder monk to help her cross the river.
"Sure" said the elder monk and held her up in his arms, they crossed the river, he let her down, she went to her village after thanking the monk. The younger monk wasn't taking this all easily. He looked little worried.
The monks came to their monastery after couple of hours of difficult walk in the hills, the younger monk was still not settled, sensing it the Guru asked him what the matter was. The disciple said "Master, we have sworn of not touching a woman, but you carried her in your arms, you tell us not to think of women but you touched her" complained the disciple.
Guru said this with a smile : "I carried her across the river and left her on the other side, but you are still carrying her"
Every cultist I've crossed on this board in a nutshell.
That is a zero opportunity order. To call it a long shot is a time waster. You had no intention of having your bid hit. People with out of the money options to expire in a few minutes don't sell for.02.
fortunes can be made though at the same time i still do not understand who would sell options on these
I've sold options for .02
The same options that you bought a month ago @ $2? I did that with GE options last year.
The same options that you bought a month ago @ $2? I did that with GE options last year.
No. It's been a while, but I believe I sold KO options. I would usually buy near expiry under .10 Sometimes I would dump at .02 when they looked like they weren't going anywhere.