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Looking for a ten bagger by Friday.Since the put option writers for AMZN are scared stiff, I had to go to IWM. Just bought 100 puts IWM, strike of 143, expiring Friday, for $.32. 140 is doable, for a nice ten bagger. Frantic margin clerks afraid of being fired, will be liquidating their big accounts going into today's close. Also expect a gap down in the morning with even more forced selling. We'll see. |
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Msg # | Subject | Author | Recs | Date Posted |
514 | Re: Looking for a ten bagger by Friday. Just sold my puts for a double. | dannoanderson | 0 | 12/6/2018 10:47:28 AM |