Talon2DSO said:
If I'm reading that correctly, she's buying naked calls deep in the money that expire pretty far out. Those could have a great pay out, right???
What's her strategy here? Seems like low risk high reward spot to park a good chunk of cash.
It's still high risk because if the stock goes down so does her purchase.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3