When options are this cheap, we don't need much for a huge move.
That's an investment of 14000 turning into 100K. I've seen worse. Good luck all.
4.60. Told ya'll, when I sell naked calls they expire worthless. LC under 4, and LGCY under 2.50 at next week's close.
11 days to go I will not give up. Luckily I am short LGCY over $3.
Let's enjoy this folks- the crud about to hit the fan. UVXY 11 already and the calls 64 cents. Go go go!
I'm very curious where UVXY needs to go for my 95 calls to hit $3. I think 30 or so. 11 is about to be taken out!!!!
So 4.55 is break even on that, but I want it all. I want them to expire worthless. I want it all.
Wow! Doubled my money in under 24 hours. Here we go! They are at 62 cents already. Not much longer to $3! A 10 bagger!!!!!!