I'm buying calls

holding stead...still a month till expiration. we'll see 900 in no time.

 

Blotter?

 

You are kidding right?

 

Again, how many contracts of the aforementioned calls, and what is the average entry price?

How hard it is to write this:

I bought 20 calls on the SPY with Feb expiration, strike 85 and I paid $2.50 per contract?

 

I can't stop laughing at this quote.....oh, boy, not a very sophisticated audience here.

 

1-2 months out these calls are worthless. I hope he "paid up" for the time premium.

 

I don't intend to fail

 

So which expiration did you choose? It's always best to pay up for at least the at the money expiration at least 3 months out.

 

The one that expires in about a month..3 months would be more conservative obviously, but I want to make more $ and I'm very confident the market will surge