Well you have a 8.50 put, which gives you the right to sell the
stock to someone at that px. If the stock does open say at 6.80,
then you have an intrinsic value on the put for the difference in
price, which would be $1.70 per share. Won't have much time value
because it expires this week. If you own some at that price, good
job. going to have a good trade. Indicated around 7 now because oil
has bounced a little off it's lows in the futures mkt.
Well you have a 8.50
Could anyone tell me where these might open tomorrow?? Lol
Posted by racerick on 9th of Mar 2020 at 05:57 am
Well you have a 8.50 put, which gives you the right to sell the stock to someone at that px. If the stock does open say at 6.80, then you have an intrinsic value on the put for the difference in price, which would be $1.70 per share. Won't have much time value because it expires this week. If you own some at that price, good job. going to have a good trade. Indicated around 7 now because oil has bounced a little off it's lows in the futures mkt.
I have half a position
Posted by 3rdmilcharts on 9th of Mar 2020 at 06:04 am
I have half a position I purchased at .045 i bought 8 puts total on Thursday. Trying to figure a limit price, thank you.
I don’t trade options often,
Posted by 3rdmilcharts on 9th of Mar 2020 at 06:07 am
I don’t trade options often, usually I’ve just Been pairing the with an ETF trade if I can get cheap options under a dime.
Not a terrible idea in
Posted by racerick on 9th of Mar 2020 at 06:13 am
Not a terrible idea in today's markets