I've got some C May $4 Calls @ .32...they're up 25%. Not that I plan on exercising but I do think C's 4.32 at the end of May.
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i like it long over the long run but only after the govt sells off their shares which will be coming up soon within the next month or so supposedly around the next earnings report. but good luck with those options and be ready to get out with the money while you have it yo.Originally posted by yoyomama View PostI've got some C May $4 Calls @ .32...they're up 25%. Not that I plan on exercising but I do think C's 4.32 at the end of May.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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lol...thanks. They're sneaky, the gov man...I mean even before this new round of "we're getting out soon" they float the idea, then it's all quiet & everybody forgets and smack! Yeah I should bail soon. Thanks.Originally posted by Belaruski View Posti like it long over the long run but only after the govt sells off their shares which will be coming up soon within the next month or so supposedly around the next earnings report. but good luck with those options and be ready to get out with the money while you have it yo.
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and that is when the govt is going to start unloading their shares. so be on alert because they might just start earlier if they see the price up higher before the earnings report. but i think we'll see a decent drop here pretty soon but thats only my opinion.Originally posted by yoyomama View PostSheesh...just remembered C's earnings or lack of are out later this month Got to be out before that.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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I'm still hanging with the calls....says I'm up 43%, too bad I didn't have 50K shares of the equity!Originally posted by Belaruski View Postand that is when the govt is going to start unloading their shares. so be on alert because they might just start earlier if they see the price up higher before the earnings report. but i think we'll see a decent drop here pretty soon but thats only my opinion.
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real nice play yo. good luck with it. i'm still holding my short position from $4.24 range. just about at my stop loss point after todays close. i might give it a little more breathing room though thru tomorrow. they report earnings on april 19.Originally posted by yoyomama View PostC $4 May Calls up 63%...remind me to come back in here bragging after I forget to get out in time!
THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Hey thanks & thanks for the earnings date reminder! If your stop loss point doesn't hit are you going to hold short through earnings?Originally posted by Belaruski View Postreal nice play yo. good luck with it. i'm still holding my short position from $4.24 range. just about at my stop loss point after todays close. i might give it a little more breathing room though thru tomorrow. they report earnings on april 19.
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i like it to the short side right now because of the shares the govt is going to unload at some point. the word is that they are going to start selling their shares around the time C reports earnings around april 19, but they are liars and you can never trust anything they say. so who knows what they are going to do. right now i'm down almost 6% and my normal stop loss point is 7%. i might give it a little bit more but we'll see what happens tomorrow and the next couple of days. so far i have been on the wrong side of the bet which is no big deal whether it's 7% or 8% with what i have in it with the trade. i'm happy to see that you did well with the trade. just stay on top of it. you know the option is alot different than the equity.Originally posted by yoyomama View PostHey thanks & thanks for the earnings date reminder! If your stop loss point doesn't hit are you going to hold short through earnings?THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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real nice play yo. i was surprised to see it hold up as well as it did this week. just goes to show you these things have a mind of their own. i'm still holding the short position and will give it until monday to see what goes. dont know what is up with it this coming week but glad to see you took the cash while you had it. nice job.Originally posted by yoyomama View PostI bailed on the C calls today...+90%, wish I had more. I wanted to hang longer but I thought, this is crazy...get out while it's there. After earnings I want back in for sure.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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