Will I get put those 2000 shares of GE poll

Discussion in 'Trading' started by KINGOFSHORTS, Nov 13, 2008.

take your bets

  1. Yup, your gonna get slammed with those 2000 shares

    7 vote(s)
  2. nope, at the last second the buyer will get gypped and it will be OTM by 2 pennies.

    2 vote(s)
  1. I wrote 20 contracts for 17.5 puts for this december.

    So will I get slammed with those 2000 shares of GE.
  2. I sold the dec 12.5.....and i am concerned. The price action has been terrible......may jettison this trade sooner rather than later. :eek:
  3. Lucrum



    Nice to see at least now you're familiar with equity options contract specifications.

    If it were me I don't think I'd be selling naked puts, especially in a bear market,
    unless I was ready, willing and financially able to have the underlying stock put to me. Just in case.
  4. lol I hope you guys figured out I was joking :)

    Well I have the cash for it and I am willing to take those shares put to me on December. Premiums were a bit high so I am betting on them being OTM in december.
  5. You get to proud own 2k america GE shares cum December.
  6. Someone wrote a buttload of contracts for 17.5 :)


    If GE survives this mess they will be in an interesting position looking forward. So many other firms are now "bank holding type firms" and they do have an industrial/infrastructure arm that generates cashflow.