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AK Steel Holding Corporation Message Board

  • jksouth jksouth Mar 8, 2011 1:03 PM Flag

    Why is X up over $1 and AKS down

    Makes no sense and shows how corrupt this entire market is.

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    • Only way to get it to move is sell calls . June 16's pay over a buck . If the stock gets called away you make 20 per cent for 3 months. If not go out another 3 months for another buck

    • JK,

      It appears you are in between the 1st & 2nd stages of the "5 phases of grief." - denial being 1st (makes no sense), 2nd being anger (whole market is corrupt). next comes bargaining ("maybe if i sell my call options i can still get 1/2 my $$$ back"). then comes the depression stage, then acceptance.

      Looks like you have a roller coaster of emotions yet to come.

      I do hope for your sake (and my own as well) that AKS shares skyrocket in the next week or two, because it's painful to read your updates of you going down in flames on wings of negative option theta.

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