milwaukee mike Posted November 16, 2021 Report Share Posted November 16, 2021 Just now, Axl Rose 2020 said: My buddy put 20k in options this morning 140 December calls he paid $40/share for the december 140 calls? that's silly... you could just buy the stock for 160 and be $20/share ahead of that no way would i give up $20/share for a month just by being a broke cowardly pussy that doesn't want to buy the stock Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted November 16, 2021 Report Share Posted November 16, 2021 16 minutes ago, milwaukee mike said: he paid $40/share for the december 140 calls? that's silly... you could just buy the stock for 160 and be $20/share ahead of that no way would i give up $20/share for a month just by being a broke cowardly pussy that doesn't want to buy the stock He's a buddy of AXL, work from there. Quote Link to comment Share on other sites More sharing options...
Brock Landers Posted November 16, 2021 Author Report Share Posted November 16, 2021 17 minutes ago, milwaukee mike said: he paid $40/share for the december 140 calls? that's silly... you could just buy the stock for 160 and be $20/share ahead of that no way would i give up $20/share for a month just by being a broke cowardly pussy that doesn't want to buy the stock Mike, you know with options you pay the premium, it was already in the money this morning, options just became available Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted November 16, 2021 Report Share Posted November 16, 2021 Just now, Axl Rose 2020 said: Mike, you know with options you pay the premium, it was already in the money this morning, options just became available i just think it's a terrible move unless you think the stock will either be 100 or 200 next month i think the better play is buy the stock for 168 and sell the december 200 calls for $20 that gives you 12%/month return for something over 30 points out of the money Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted November 16, 2021 Report Share Posted November 16, 2021 Lmfao. Big time stock guy doesn’t even understand options. Never change little guy, promise us that one thing. Quote Link to comment Share on other sites More sharing options...
Brock Landers Posted November 16, 2021 Author Report Share Posted November 16, 2021 30 minutes ago, milwaukee mike said: i just think it's a terrible move unless you think the stock will either be 100 or 200 next month i think the better play is buy the stock for 168 and sell the december 200 calls for $20 that gives you 12%/month return for something over 30 points out of the money It will be $200 next week Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted November 16, 2021 Report Share Posted November 16, 2021 3 minutes ago, Axl Rose 2020 said: It will be $200 next week then your friend will be ahead $20/share, and i will be ahead $60/share (i got in around 160 and sold calls) Quote Link to comment Share on other sites More sharing options...
Brock Landers Posted November 16, 2021 Author Report Share Posted November 16, 2021 1 minute ago, milwaukee mike said: then your friend will be ahead $20/share, and i will be ahead $60/share (i got in around 160 and sold calls) WTF are you talking about? Sold calls? Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted November 16, 2021 Report Share Posted November 16, 2021 1 minute ago, Axl Rose 2020 said: WTF are you talking about? Sold calls? yes i bought the stock and sold covered calls against it so if the stock is above 200 at expiration, they buy my stock for 200 Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted November 16, 2021 Report Share Posted November 16, 2021 1 hour ago, milwaukee mike said: he paid $40/share for the december 140 calls? that's silly... you could just buy the stock for 160 and be $20/share ahead of that no way would i give up $20/share for a month just by being a broke cowardly pussy that doesn't want to buy the stock The implied volatility on these options prices them out for anyone with half of a brain cell. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted November 16, 2021 Report Share Posted November 16, 2021 3 minutes ago, Axl Rose 2020 said: WTF are you talking about? Sold calls? The options trader doesn't know how to write calls? LMAO. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted November 16, 2021 Report Share Posted November 16, 2021 45 minutes ago, Axl Rose 2020 said: Mike, you know with options you pay the premium, it was already in the money this morning, options just became available It's called vega. Ever heard of Black-Scholes, options trader? The only greeks you know eat gyros. Go figure. Quote Link to comment Share on other sites More sharing options...
Brock Landers Posted November 16, 2021 Author Report Share Posted November 16, 2021 Up $26 today and climbing fast Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted November 16, 2021 Report Share Posted November 16, 2021 4 minutes ago, MonkeyF0cker said: The options trader doesn't know how to write calls? LMAO. LMAO Quote Link to comment Share on other sites More sharing options...
Brock Landers Posted November 16, 2021 Author Report Share Posted November 16, 2021 Up $29 Rocketing to the moon Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted November 16, 2021 Report Share Posted November 16, 2021 41 minutes ago, Axl Rose 2020 said: WTF are you talking about? Sold calls? Quote Link to comment Share on other sites More sharing options...
richsox24 Posted November 16, 2021 Report Share Posted November 16, 2021 Lolol Quote Link to comment Share on other sites More sharing options...
JTGAMBLE Posted November 16, 2021 Report Share Posted November 16, 2021 Brock getting Uber rich off this. Quote Link to comment Share on other sites More sharing options...
Brock Landers Posted November 16, 2021 Author Report Share Posted November 16, 2021 2 minutes ago, JTGAMBLE said: Brock getting Uber rich off this. You could say that Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted November 16, 2021 Report Share Posted November 16, 2021 10 minutes ago, joeybagadonuts said: On a daily basis, he never disappoints LOL Quote Link to comment Share on other sites More sharing options...
Shavencoinpurse Posted November 16, 2021 Report Share Posted November 16, 2021 Brock makes his money from sports betting. This is just extra cash for him Quote Link to comment Share on other sites More sharing options...
Brock Landers Posted November 16, 2021 Author Report Share Posted November 16, 2021 9 minutes ago, Shavencoinpurse said: Brock makes his money from sports betting. This is just extra cash for him It sure isn't any cash grab Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted November 16, 2021 Report Share Posted November 16, 2021 what will brock do with this new found wealth save it +100000 help his family +100000 pay off old debts +100000 donate it to charity +100000 eat 6 meals a day instead of 5 -500000 Quote Link to comment Share on other sites More sharing options...
WeinkeToWarrick Posted November 16, 2021 Report Share Posted November 16, 2021 Fml for forgetting to buy Lucid Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted November 17, 2021 Report Share Posted November 17, 2021 UH-OH ?$$? Quote Link to comment Share on other sites More sharing options...
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