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Message: Re: Newbie to Options

Jul 19, 2013 02:07PM

Jul 19, 2013 03:42PM

i'd let it ride til morning on aug 17th, then sell. ur time factor is already gone and if results come out before then you will be making 20-30 thousand more bucks at least. i have calls for a similar price but in jan. if you think results might cause price to tank, well, you lost up to 1500 bucks. i'd wait til at least the 16th-but then again i'm all in. the next few weeks will see some crazy volatility. i bet we hit 8.50 and 6.50 in the same expiry month, assuming no results for a few more weeks. another bear raid is coming so i'm holding onto a lil cash just in case. course, if mnkd comes out aug 12th and says they will announce results after aug expiry, sell right then. 50/50 chance on hit it pretty good (before aug 17th expiry). btw, if anyone has any reason to believe results are announced after or before aug 17, please chime in. i emailed matt and he reiterated what we already know- mid august sometime.


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