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Strategies & Market Trends : Option Strategies -- Ignore unavailable to you. Want to Upgrade?


To: Rich B. who wrote (2075)9/26/2019 9:25:28 PM
From: Thehammer1 Recommendation

Recommended By
kimberley

  Respond to of 2591
 
A lot of people do and run programs to find situations with remaining TV that seems out of sync. You must have caught them at a good time because the last BA was a lot lower.

I knew an IT guy back in the early days of options, who wrote a program to seek out those situations. He sold a lot of puts on margin and did really well until one trade went bad over the last few days and wiped out all his profits and then some.

If you like the company, it is not a bad strategy. The percent return looks really good but you get $95 per option and what is your risk? I don't follow SHOP and it looks really rich to me.

Good luck.



To: Rich B. who wrote (2075)9/27/2019 4:26:37 PM
From: robert b furman  Read Replies (1) | Respond to of 2591
 
i Rich B,

Good eye on mismatch pricing.

I love it when you sell it and the bid ask takes a big drop, but where were you when I needed you? LOL

Nice trade!

Bob