No, Ted and I have been talking about it for a week. You chime in undecided: To which yours truly answered:
Stoney is that you on WSB’s showing off your $3 million gain? $30,000,000 account. IBKR account doing bull spreads. What are those?
Buy a call, and sell one further out. IE you buy a $60 call for $4 and sell a $70 call for $2. You risk $2 to make $6 if you're direction(ly) right and it runs to $70. Anything between $64 and $70 into expiration is profit.
I'm surprised Stoney didn't post the story from yesterday about IMAX buying out their licensee in China. Talk about a stock that never moves.... is it glued to $17 Stoney?!!! It might have went up on that news, I didn't look at it today. But you've been pumping it for at least 3 years now.
Did you hear Ray Romano’s comment about self loathing and hating himself catch the CNBC host off guard? He need’s Stoney as a life coach!
Yeah the most you can lose is the difference between the one you bought and the one you sold. The most you can make is the difference in the strikes.... minus the difference between the one you bought and the one you sold.