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Michael Clark's avatar

Greg, help me understand this please. It would seem to make about $700 on this trade you would have to sell 100 contracts and have the capital of $1.2M to buy the underlying stock if the price goes below 120 by strike date. Do I have that right?

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BB King's avatar

Cool so you're going to make a whopping $10. Really ripping the face off the market here, boss

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PDA's avatar

BUT he's 99.99% sure...LOL what a Joke.

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Robert Dz's avatar

there is no plays on options anymore, this thing is coming down hard

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trumpHELL666's avatar

Hhhmmmm, looks like the DOW is dropping hard on relatively low volume so far today. But then again, a 2.5% drop is not that big of a deal.

https://docs.google.com/document/d/1-7-gZcJ8obchNbpyDH3pHP1KPYE7eT-p5mVAqEX8_PM/edit?usp=sharing

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