Covered Call on Wynn, Dividend Capture Strategy

Discussion in 'Options' started by elduerino, Nov 9, 2009.

  1. thanks for all the input and advice guys i really appreciate all of the help
     
    #21     Nov 10, 2009
  2. Im all in for the $4.

    While you speculate about whether that $100 bill is really on the floor, I'll pick it up, thanks.

    Options MM's are known for their foolishness. They sold calls on all those stocks that just ripped 500% didn't they?

    booyah
     
    #22     Nov 10, 2009
  3. In for 4 bucks? How ? Unless you owned the stock before yesterday's announcement you won’t be getting the 4 bucks.

    As far as MM’s selling calls all the way up, good for them I am sure they’re pretty happy they got to sell those calls and probably got the buy puts all the way up too. Of course they would have been buying stock all the way up vs. those trades. What kind of mistake are you praying for?
     
    #23     Nov 10, 2009