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Penn West Petroleum Ltd. Message Board

  • bullorbear67 bullorbear67 May 24, 2013 6:34 PM Flag

    Challenge for whitebear

    I just bought 500 dec $12 calls today. How about you now sell 500 Dec calls (naked of course) and we will see who does better. You can get a good price for them. I over paid (.55) but I wanted them. I basically flipped my Sept calls for Dec calls , for 30cents, as that gives me more time.
    Dec is not far away, go for it and make lots of money. There is 25,000$ just waiting for you to make it. Sell the calls and lets see who does better.
    I have a little too much in calls so I will probably sell my 50 Dec $10 calls after they make $2.
    I also plan to sell 500 Sept $14 calls if I can get 20 cents for them.
    Those are my plans.
    Now tell us how you are going to short this. Seeing as you are a hedge fund manager (LOL) you can easily make your clients lots of money here by selling the calls. Take my challenge.
    You were afraid the last time I challenged you and rightfully so. Will you take this challenge?

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