Target value: 100K-200K.
It looks good for me robert, I just need UVXY to double soon. I plan to dump the calls when UVXY hits around 20, and pile into XIV near 12 area.
I'm stuck with em! 450 of the Jan 90, and 350 of the Jan 170. I expect to make a fortune though in the coming collapse of the market!
It is very confusing! Right now I own 450 of the Jan 90, and 350 of the Jan 170. I still expect those positions, which at today's close were worth $29,350, to be worth minimum 100K if not 200K sometime before January. So we'll see! I do not know if I will still have 800 calls, or 160. In fact 160 would be better, because I pay less commission then when I sell!
Interesting. Right now the ask price on the Jan 90 is 52 cents, and the Jan 170 is 18 cents. Would you expect the ask prices to go to 2.60 and 0.90, or something else? Very funky.
I was thinking it would be 90 calls, but now I look and there is a "NS" appended to some strike prices so I was thinking maybe I would then have 90, not 450, and the 90 would be 5X higher in price.
I see reverse split in 3 weeks! I have never held thru the reverse before. I suspect the 450 Jan 90 calls I have will become 90 calls with the old "NS' appended.
When is the reverse split? Have they announced? I wonder what that will do to the 90 calls! Could be funky funky!
Many thanks my friend! Will look into that tool! What a bubble this market is!
It look to me like when UVXY is 20 XIV will be about 13 depending on the path.
And ideas, thank you!!!!
We got a panic now!!!! 52 cents and rising on those!
It's a real nice day! UVXY running toward 10, ICON running toward 5!
Just took out 148. Honestly at this rate, it could be $500 by December and the calls are worth $280.