From Greg M
GREG.... would buying these calls atm vs. Itm be a mistake ? .I just bought same thing you bought at same prices 50 and 80.vz and mrk
Bought vz 50 jan call and 80 jan. Mrk call
$50? I’m going to do $60 calls
why? i imagine he has a reason for such an odd number (like you are protected if it goes up or down). other than that i'm not sure why this choice.
It was different that his normal buying pattern of buying calls just outside the money. This one was in the money when he bought it (the stock was at $58 if I recall). At first I thought it was a typo...
got it. your expecting an announcement...
hmmm 50 Call? or did he mean Puts?
that is confusing
Well I just bought it like he said, he must see something. I already made $20 from it lol
i wish he'd say what he sees
yeah I took a chance on it, everything says sell, however earnings come out in 10 days.
earnings for VZ?
Yeah they come out on the 24th
Should buy it in the money?
$50 is way Itm
the Boom Systems says sell on this one... As does the stock screener.
exactly. makes no sense. he tells us to look at his boom system to trade and he doesn't follow it himself.
anything to do with the greeks?
50?
GREG.... would buying these calls atm vs. Itm be a mistake ? .I just bought same thing you bought at same prices 50 and 80.vz and mrk
Bought vz 50 jan call and 80 jan. Mrk call
$50? I’m going to do $60 calls
why? i imagine he has a reason for such an odd number (like you are protected if it goes up or down). other than that i'm not sure why this choice.
It was different that his normal buying pattern of buying calls just outside the money. This one was in the money when he bought it (the stock was at $58 if I recall). At first I thought it was a typo...
got it. your expecting an announcement...
hmmm 50 Call? or did he mean Puts?
that is confusing
Well I just bought it like he said, he must see something. I already made $20 from it lol
i wish he'd say what he sees
yeah I took a chance on it, everything says sell, however earnings come out in 10 days.
earnings for VZ?
Yeah they come out on the 24th
Should buy it in the money?
$50 is way Itm
the Boom Systems says sell on this one... As does the stock screener.
exactly. makes no sense. he tells us to look at his boom system to trade and he doesn't follow it himself.
anything to do with the greeks?
50?