LogFAQs > #953551452

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, Database 8 ( 02.18.2021-09-28-2021 ), DB9, DB10, DB11, DB12, Clear
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TopicStock Topic 28
Forceful_Dragon
05/04/21 3:47:18 PM
#386:


but if it ends anywhere BETWEEN 129 and 134 you cost yourself a good bit too, right?

Like with your original deal @ 134 you were going to have collected free premiums for any price below 134, and you will have still profited a good bit from your original buy price in the event of a trigger. And so your best case scenario is a high sub-134 finish that will allow you to sell another week long call @134 (or even higher?) for another decent premium gain.

I guess I'm just not seeing as much of the upside to switching for 129. You basically took a new premium of $550 for a not-insignificant chance to sell for much less. Which I wouldn't be as concerned about except the fact that it finished nearly at 129 yesterday and finished above 129 twice last week so we're not talking about a crazy deviation here.

But hey for your sake I hope it works out, I'm not just seeing it as an obvious slam dunk of a situation.

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