[quote=Coronita][quote=deadzone][quote=an][quote=Coronita]Netflix is up again. Your call options totally killing it.. good job. Nice speculation.
Pretty surprised at how the market is moving after the interest rate announcement and why I won’t bet against the markets and just do mostly DRIP into indexes.
The markets can stay irrational longer than one can stay solvent[/quote]
Up 32% so far. Not bad for a few days. Now my call is deep in the money.[/quote]
It is up in value, no where near in the money. In the money it would have to be higher than strike price plus the price you paid for it.
But that said, are you going to sell and take your profit, or keep for the long term as was your original plan? How much do you believe in the future of Nflix and tech stocks at this point forward?[/quote]
Uh. Yout definition of “in the money” option is definitely NOT the common definition, it’s something you made up to spin how wrong you are.
“In the money” call option means when the contract price is below the market price, and does NOT include the option premium. Your definition in the money call option of including both the strike price and the option premium paid is something you made up…
No one makes money in stock or options until one sells and completes the transaction, so we wait for AN to sell and hopefully make significant gain.
He bought a contract at $360. Stock $384/share now. Definitely in the money. If he sold at any point these past couple of days , he wins …Case closed. His speculation is no different than your short positions that are speculation and not investing, except his speculation seemed to have worked out.
I don’t understand why you try to spin how wrong you are and how his trade is no value. Seems to me he made money.[/quote]
Exactly!
