Mer 50 Strike Leap 2010

Quote from ksonsinc:

Well i do understand the situtation but i think the worst has already come
And no one can pick a bottom or a top
Mer on the the other hads has 500 days somehting for it before it expires
The XLF you bought at 21$ when does the option expire
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Mate tell UBS that who have just released an updated trading statement and it indicates the worst maybe not over at all.
 
Every fucking anylst in this work has come out to down grade Mer
I cant even beleive that
Are there chance the MER can go bankrupt-? :(
 
What a Fking Joke
The market was down yesterday 200 point Merril was down $3
Today the market is up 200Point MErill is uo 0.20 cents
Evey fucking anylst is coming out and downgrading merrill :(
 
I know you don't want to hear this but..

I have a good friend who works in the corporate credit section of JP Morgan and he told me last week that MER are in deep do-do and to short the hell out of them.. Sorry..
 
Quote from ksonsinc:

Hi there ]
Can some one give me an oponion on this option i bought
this is my 1st time trading option and i think it was a great deal but seem like my portfolio has already gone down -%50

I bought MER 3 contract Strike 50 Leap 2010
Bought it at $3.00 it is now trading at $1.99
I also tried to look up at Merril Earning they are supposed to report earning this month but cant find the exact date
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Hi Ksonsinc and all..this is actually a great post in that what you are saying is that you are bullish on MER and decided to buy a call on MER. However if you really want to understand options you would realize that you also need to SELL something against that call....either by buying the put or selling an OTM call against the call you bought. People who just buy or sell calls/puts are basically just trying to use the leverage that options afford without really understanding that options are in and of themselves a way of playing the market/stock. Before just buying or selling an option try LEARNING about options because you then can always "hedge" your option and limit/enhance your risk.
 
isntead of hedging and buying 10 contracts why not just say... buy 3 contracts?

or does just buying contracts not fool yourself to think that you aren't gambling and instead, are an "advanced" investor/trader?
 
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