Wrong trader fighter. Only index options trade from 4-4:15 eastern after hrs. Individual stk options close when the mkt closes at 4 pm
Good trade - I do these type of trades often however I did not do it with GOOG this time. I usually sell the options within the first few minutes of the open. I almost sold the $ 950 call naked today â but then I looked at past earnings action on the stock and realized it could move more than 7 %. And with this Mo MO tech market you donât want to be on the wrong side of a trade.
thing is, after a certain point, you're not really making 10-1. you're risking a big chunk to make a little more. once its 5-1 you are only making 1-1 getting to 10-1. this is above the heads of most , only a mind like jack hershey will appreciate it.