04-23-2014, 03:09 PM
(04-23-2014, 02:13 PM)Putncalls Wrote:
(04-23-2014, 10:45 AM)jft310 Wrote:Pretty gutsy.
Gutsy? I don't think so. For every dollar IOC could drop, one could almost a hundred dollars on the other end.
EX: I have 70 dollars of unused money. I buy 3 JUN 90 calls for 84$ ( borrow 14$ at 5% or 70 cents pr year)
IOC goes to 100$ on OED. Those three calls pay you 30,000$. I would pay the 70/cents per year and let my extra IOC share ride the wave.
3000 but still good money

