i HAVE given that some thought but it was a 9% gain for 4 weeks on the average price of options and stock that I bought of 23800 shares and if it is around 16.25 at option expiration I will be able to roll it to Aug $17 or $18 for as much money as I have sold the july $16 for. but it could run past and if it does I will only make 9% for 4 weeks and sit and wait or find another deal.
you are correct but his 5ok is low also. Most are looking for 2.5 billion for the quarter aNd I am expecting 2.8B and earnings of 2.30 per share.
I would agree with you personally I feel the earnings will beat handily again maybe as much as last time.
lol that is funny, good answer. but having a decent day I sold 8600 shares of trading account and back within 10k shares of core position. Need it to rally 10 more cents and I will be back to core position unless it goes down to 3.68 again where I will load up again but something tells me the earnings are being leaked due out within a week
this is the way to carve down your cost basis, buy at 3.67 sell at 3.84 made a grand today off the last sell off on 6500 trading shares. dont complain make money
taking high risks and paying high premiums is not the way to make money it is called gambling. We have talked about this many times.
you have one heck of a lot of call contracts bought finland, you are a big boy. 400 calls spread from 70 to 85 is not small change. and that is what you listed who knows maybe you have more that is over 300k in call options.
but they havent announced a vote date or sent the proxies out to be voted, I am interested in those dates, the date proxies will be sent out, the day of vote, and the day of the merger. I have not been able to see anything specific to those dates.
an announcement of date of merger on earnings CC at end of july. or lst of Aug by Qcor or MNK?? They need to be sending out proxies if they are going to close this in the 3rd quarter.
I agree with muskyman quit hitting for the lottery with options those are losers most of the time. Buy the stock and forget it. If you dont have enough to buy the stock you dont have enough to be in the market.