Earnings are Thursday after the bell. For options expiring this Friday, I am short 5 naked calls at $140 and 5 naked puts at $95. Will I gobble up the premiums or will I get assigned?
You will keep the premiums. Bogus analyst comes out today increasing target price to 120 today just to prop up the price so that on Friday, the tumble won't seem as bad after the earnings are released Thursday after the close.
the $140's is possible after earnings but not the 95's
Sentiment: Strong Buy
I just sold another five naked $150 calls for Friday at $0.30 ea. There is no way these calls will come into play. Sheer mania is going on now.
If you bought my calls, thanks for the cash.