OK. Makes sense. I was able to get out most of my call positions which previously didn't even have a bid! Whew. I hope I don't regret getting out now and it shoots up by Friday. I only have 1 left. I got in at average price of 0.14 and sold most of it at 0.25. Not bad. But now it's at 0.10x0.30
You could be the next Miss Cleo Exercise the calls and simultaneouly sell the stock, nabbing the ITM amount. Are you offering a subscription service yet??? Prices fluctuate. They can pop and drop briefly. And then there's the FANTEX (Fantasy Exchange) where all internet traders get the best fills :->)
After I unloaded all of my call options at 0.25, it's now at $0.40 spindr0: Predict is the wrong word usage. No need for a sarcastic attitude. I'm trying to build a track record. My trades are tracked on FundSeeder. It's doing ok. I'm trying to quantify it and build systematic/quantitative trading strategies on top of my "intuition."
I've been here on ET long enough to understand where the attitudes come from. I approach trading from an experimental and "oh, that's interesting" perspective. Don't misunderstand me. It's not that I don't like your comments per se. It's just I like an environment to have open discussions and exploration without unnecessary sarcasm. I admit my use of predict is a loaded term in this context. hehe. It's all good.. P.S. Now it's 0.40X0.55 Still holding to one lot only.
OK, you're right. Lets's turn this into a learning moment for me. So help me out. Was teasing you about being the next Miss Cleo what got your panties in a bunch or was it teasing you about offering a option recommendation service because you made 11 cents on your posted trade? TIA. LOL
I have made 8x and 15x on my other option trades in the past. I just don't post everything. I'm not doing any investment letter.