Discussion in 'Options' started by dugan176, May 6, 2016.
UNDER ARMOUR HEAD EXECS RESIGN? Will my option expire worthless
ASK A MORE SPECIFIC QUESTION. STRIKE? EXPIRATION? TYPE¿ LONG ? SHORT¿
Strike 47.5 @$1.73 exp: Jun 16. Long Call.
I have no idea....why are you asking me ?
Actually, My post was hypothetical and you responded by telling me to be more specific so I wasn't really asking you but ..... Of course you don't have any idea unless you have a crystal ball on your night stand .... I was just tryna get some more info on Under Armour... Happy trading and have a blessed day
Going purely on the market's perception of your call (delta ~ 0.05), I would suggest that there is roughly a 95% chance it will expire worthless. Your odds weren't so good right before the announcement, either.
Current value is maybe $0.10, so there probably isn't much reason to dump it now, but that's up to you.
EDIT: hypothetically speaking, of course, since I now see you claim not to have made this trade.
True ... I made the trade .. No need to close a dead position and lose all principle. I guess I'll wait until exp. and see what happens.. That %5 chance is all i can go on.... Thx.. I'm a newbie (clearly). But I'm learning ! Happy trading
Under Armour CEO had cozy relationship with MSNBC anchor Stephanie Ruhle: report
Under Armour opens new omni-distribution center
Baltimore, Maryland-based athleticwear company Under Armour has unveiled its new Omni Distribution House in Baltimore County. Located on the former site of Bethlehem Steel at Sparrows Point, the 1.3 million square-foot-center will serve as a distribution and warehouse facility, and will house 2,600 employees in Baltimore. (Fashion Network)
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