Sussy claims he sold IOC calls today. He reveals the month and strikes in his post!!Assuming Sussy made up 100% of the volumn of those calls today. Not likely!!!!He made pennies!!Heres the facts for ya.
In Feb the entire trading volume of IOC $80 strike sold calls was 16 contracts for 37 cents!!!
In March the entire trading volumn of IOC $80 strike sold calls was 55 contracts for $1.05!
In March the entire trading volumn of IOC $82.50 strike calls was 5 contracts for $1.00!!
In March the entire trading volumn of IOC $85 strike calls was 1 contract for 86 cents!!
In March the entire trading volumn of IOC $100 strike calls was 9 contracts for 51 cents.!
Or Eric may have sold some calls but if they all expire worthless he made pennies.
This is Eric Sussman , Fraud and Basher of Interoil.

I bought IOC calls today.Do DD, it really does make a difference!!

'ebster123' pid='15603' datel Wrote:JFT, care to send a Private Message with what calls you bought? I had some shorter term calls which I sold to close today given lack of clarity on when things will happen. I feel certain they will just not sure when. TIA, T

Please let me know as well.  I have some Feb. 60s that I don't know if I should hold or roll out.

Good luck longs.

'jft310' pid='15612' datel Wrote:I can't give one investment advice. I can say in the money call buying reduces your risk and allows you higher odds of making money off a call buy. Further I can say extending the time duration beyond what seems a reasonable time period also improves ones odds. That said 95% of call buys end up worthless. Collin V on the CC stated 2 SM were bidding on IOC . I believe that must be true. Well over 95% of my IOC position is Long common stock not options