You are acting freakiing childish. It's fairly obvious he was making an estimate. so much for you wanting to run a serious trading thread. you shoot yourself in the foot every time you act like this. Peace. -jake.
Oh I see Jake. Since you only addressed the "estimate" part, you obviously agree with this substance of this statement then: The only important fact is that the calls were trading @ $2 7/8. Why not concentrate on this fact Jake? Now tell me Jake, selling calls @ $2 7/8 that are $.25 one week later is no big deal to you? I mean, you are more interested in rovers "estimate", not the actual trading call and premise of this thread. OK Jake!
rover, you did not contribute anything related to trading. If you think you did, please show us the post you made on this thread that contributed. Otherwise, this advice still works, try it.
Folks, thank you for all the PM's of support! B. Rowshan appreciates all of them! Yes, it has been quite a fruitful thread! At this point, we made it down to selling S&P Jan 950 calls. And it looks like we're in good shape! It works well that expiration comes this friday. I don't think I want to be short into early next week.
Or, if you're a native English speaker, you'd probably instead Google his name as it's actually spelled...
You've maybe heard of "Google" -- it's a search engine firm in California -- you should check out their product. Just type: w w w . g o o g l e . c o m ... .
With only 2 days left before expiration, the sale of the S&P 1000 calls, the 975 calls, and the 950 calls are all looking great! Lots of premium collected this cycle!
This thread has beeen a grand slam home run! Many thanks to all the PM's of congratulations! b. rowshan has sold S&P Jan 1000 calls, Jan 975 calls, and Jan 950 calls. Don't think it's wise to push our luck and sell lower strikes. So we'll stick with the 950 calls as the lowest strike price to collect premium.