We're Up More Than 6.5%. It's Time to Short.....eom.
Premiums drop because implied volatility drops, but at the same time gamma and price are both positive and off-set the volatility drop. By the end of the day Thursday, the profit would be 50-100%. But by selling he did lock up a sure profit so it worked out pretty good. You can always buy in again tomorrow morning if you wanted to take a gamble.
Boy...did you blow it...if you held the calls, all you would have to worry about is finding the money to pay for the taxes on the gains.
Yes...however....I would sit and wait for an opportunity tomorrow morning. Let the shorts finish covering and then short. FB made a high for the year during AH, nowhere to go but down.
I want a money-back guarantee. Of course, you will give the guarantee to me since you are sure.
Strong China growth is the big plus for AAPL, it will bounce back big tomorrow.
After earnings there is normally a drop in volatility and the value of call options will drop some. However your options are fairly deep in the money so you shouldn't lose too much premium. Also, if FB goes up after earnings the value of your calls should also go up.
Look, you aren't saying anything new. We all know these facts, the market is reacting to FB's potential. Just like they react to AMZN's potential. Tomorrow, we're running up to earnings.
Not true...I always try to bring some facts to the table. Posts that say simply buy or sell is just plain pumping and dumping.