Mystery Stock Puzzle - Would you buy the $117.70 Calls

Mystery Stock Puzzle - Would you buy the $117.50 Jan24 Calls?



  1. High flying Nasdaq tech stock at all time highs.
  2. Stock at $116.24.
  3. Would you buy the $117.50 Jan24 Calls.


I have eliminated all noise for you to make your decision. Can you guess the stock and Fridays close? Can it go to 120.00?

Think outside the box :)
 
Mystery Stock Puzzle - Would you buy the $117.50 Jan24 Calls?



  1. High flying tech stock at all time highs.
  2. Stock at $116.24.
  3. Would you buy the $117.50 Jan24 Calls.


I have eliminated all noise for you to make your decision. Can you guess the stock and Fridays close?

Think outside the box

No. :mad:

Why would anyone in their right mind buy a call that expires this friday? :mad:
 
The market is too choppy to gamble right now.


The DOW and S&P500 are at all time highs. The Nasdaq is at a multi-year high fast approaching an all time high. The stock in this puzzle is a VERY high profile Nasdaq stock, and we are getting into earnings soon.
 

----High flying Nasdaq tech stock at all time highs.
----Stock at $116.24.
----buy the $117.50 Jan24 Calls
----guess the stock and Fridays close?
----Can it go to 120.00?

1) Theta will be a "bitch" but sigma should make the trade "good", especially if you can gamma-scalp around the position. :cool:
2) Friday's close? ..... A strike price! ..... Which one? ...... You tell us. :D
 
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