Wed, May 22, 2013, 10:26 PM EDT - U.S. Markets closed
Biggest no brainer of all time. Realize this will hit $2 or $3 by then so those puts are a 50 bagger.
VIX about to spike over 16 and start challenging 20 in next few days.....be patient on your idea....you will be able to pick those puts up for 30 cents or less.
I would wait till the vix hit 30+ those puts will be worth 15-25cents. Then i can see it's a safe 50 bagger.