Wonder where my Jan 47 calls go on Monday and beyond?
I'm guessing open at $3 or higher Monday, maybe much higher and go as high as $50 in the next 3 weeks. Absolute armageddon is upon us and it was so predictable, yet only a few (limpy jen stimples and I) were prepared. This is the end of days.
Maybe- but I think we all know there will be no deal in place for Monday's market open and that means VXX at 42 or 43, I plan to sell some calls there and I figure the 47's will be around $4 or $5 minimum. That's a nice 4000% gain in 2 weeks for them, though I only will have captured 1000%.