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#1
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BBV come sweat the stock market with me
just set up a small options straddle on etrade. What that means is I need the stock to go either up alot or down alot to make money. If it stays the same I lose. I stacked it so I make a killing if the price rises alot, lose money if it rises a little, and make a small amount if the stock goes down. Here are the payouts.
3 740 4 240 5 -260 5.5 -510 6 -760 6.5 -1010 7 -1260 7.5 -1510 8 -1760 8.5 3240 9 8420 10 18420 Notice max loss is 1760 and max gain is huge (for every dollar the price rises past 10 I make an extra 10k). The options expire on november 17th so the price (currently 5.75) needs to really move tomorrow and on friday. edit: Company is Etrade, symbol ETFC |
#2
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Re: BBV come sweat the stock market with me
what stock?
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#3
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Re: BBV come sweat the stock market with me
Good luck to you but I think they are going to file for bankruptcy soon. The stock went from 26/share in August to 6/share now. Not to mention a 60% downswing on monday or tuesday.
The graph of their stock in the last couple months would make FGators cry. |
#4
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Re: BBV come sweat the stock market with me
[ QUOTE ]
Good luck to you but I think they are going to file for bankruptcy soon. The stock went from 26/share in August to 6/share now. Not to mention a 60% downswing on monday or tuesday. [/ QUOTE ] erm i dont now much about this but im sure ahnuld is betting on swongs, unless ure implying the price wont move? |
#5
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Re: BBV come sweat the stock market with me
[ QUOTE ]
Good luck to you but I think they are going to file for bankruptcy soon. The stock went from 26/share in August to 6/share now. Not to mention a 60% downswing on monday or tuesday. [/ QUOTE ] do you not see that this would be good for me? For every dollar etrade drops below 8 I make 500 back from my fixed costs so if it drops to 2$ ill make 1250 |
#6
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Re: BBV come sweat the stock market with me
No but you are hoping it goes up. I dont think it will. I think it will either go down big or they will be able to tread water and stay where they are. I think they will go bankrupt but their stock did rebound a little today. Good luck.
Oh here is a graph since BBV needs one. |
#7
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Re: BBV come sweat the stock market with me
Since you're not in the finance forum might want to put up a disclaimer saying you're not recommending people do this themselves, you're not responsible ect.
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#8
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Re: BBV come sweat the stock market with me
man this is too funny, you dont undersand stock options or futures just by reading OP. selling an option first is based on the idea that he stock will rize in value from the market price when sold.......options were big durring the tech boom in he mid-late 90's and very profitable. but gl!
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#9
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Re: BBV come sweat the stock market with me
[ QUOTE ]
man this is too funny, you dont undersand stock options or futures just by reading OP. selling an option first is based on the idea that he stock will rize in value from the market price when sold.......options were big durring the tech boom in he mid-late 90's and very profitable. but gl! [/ QUOTE ] AHAHAHAH no wait. AHAHAHAH |
#10
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Re: BBV come sweat the stock market with me
-EV imo
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