t4texas,
Well, let's look at your proposition.
1 PTEN equity.
Long 1,000 shares of PTEN at the open, $23.93, commission of $9.95, total capital at risk: $23,939.95
Closing value at $25.10: $25,100.00
Net gain: $1160.05
Percentage gain: 4.85%
2. KWK options.
Long 20 KWK May 55 calls at 0.95, commissions of $25.90, total capital at risk: $1925.90
Closing value at $1.85: $3700.00
Net gain: $1774.10
Percentage gain: 92%
I think the KWK play was the best play for me today, net gain is better, and percentage gain is much better.
I wish I had gotten filled on my PTEN Jun 25 calls at $1.15. They are currently $1.45 and that would have been a respectable 26% gain today, with more on offer for tomorrow.
Kb |
