Rate this post by selecting a number. 1 is the worst and 5 is the best.

Author Message   Kubang Celebrity Bewarse Username: Kubang Post Number: 36996 Registered: 09-2011 Posted From: 161.141.1.1 Rating: N/A Votes: 0 Posted on Thursday, August 17, 2017 - 2:27 pm:    Ntr_rocks: I bought 10 calls for a total investment of $1722.5 ($22.5 is the commission). if the stock goes to $60 by expiry date, each call is worth at least $5 that means I will make $3,255 profit (~90%). This call was worth $10.8 couple of weeks ago because the stock was at almost $65. if it recovers to last high in the next 150 days or so, it will be a 5x minimum. or I could lose 50% - 100% of the investment easily. so it's probable 5:1 opportunity and I like the odds. Ignorance is bliss