BBY gamble

Discussion in 'Options' started by badnewsbear, Jan 24, 2014.

  1. BBY call options are verrryyy cheap.

    15th Jan 2016 $40.00 call @1.99

    Returns would be 1300%-1700% if BBY goes to $36 by December 2015.

    Waiting on AMZN, TGT, WMT to report earnings to see how BBY did compared to competition. Good gamble?
     
  2. The vol-line on the Jan15 40s is 43%. I don't think it's cheap at all. I'd actually be a seller at that line. What makes you state that it's cheap?
     
  3. This guy has posted nothing but vomit since he came to this board. I would completely ignore everything he posts.