Wed, Aug 20, 2014, 3:07 AM EDT - U.S. Markets open in 6 hrs 23 mins


% | $
Quotes you view appear here for quick access.

BlackBerry Limited Message Board

  • SMAC693 SMAC693 Dec 22, 2006 8:56 AM Flag

    Man, I really fukced up buying options

    I thought this would swing huge up or down, not fukcing flatline a little above 135

    I straddled the Jan 135s for 8 bucks each.

    What should I do?

    I know the moment I sell the calls for a loss the stock will go up and my put will become worthless. Or worse, this will open at 135 and both will expire worthless.

    Goddam it, I hate this fukcing stock.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The good news for you is that you still have 29 days until expiration, and RIMM is a hugely volatile stock. If I were in your shoes I would probably wait for a 10-12 dollar swing and then sell the winning leg of the straddle for most of the $16 you invested. Leave the other leg alone and hope for a correction.

      But don't wait too long on either side. You rarely get 2nd and 3rd chances after big moves this close to expiration.

    • You are victim of option market makers who screw you on both sides as stock probably closing around US $135 today.

9.85+0.10(+0.97%)Aug 19 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.