Question for Options experts - how would you trade this scenario?

Discussion in 'Options' started by SteveM, Jul 24, 2019.

  1. SteveM

    SteveM

    It's funny, after reading your reply I was thinking to myself "yeah, what an idiot I was for not just holding them for the $200 OpEx pin and collecting the entire $1250."

    And then, BOOM, this morning the secondary price is announced at $160 and down goes Frazier.

    So, I'm glad I bailed when I did.
     
    #31     Aug 1, 2019
    ironchef, taowave and tommcginnis like this.
  2. tommcginnis

    tommcginnis

    I would put this whole thread on my mostly-imagined "Top ET posts/threads of.... 2019" list.
    It is SO GREAT that you made a nice payday here, AND took some good thinking into/out-of it. Well freakin' done, SteveM. :thumbsup::thumbsup::thumbsup:
     
    #32     Aug 1, 2019
    SteveM and taowave like this.
  3. ironchef

    ironchef

    :D:D:cool::cool:
     
    #33     Aug 2, 2019
    tommcginnis likes this.