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Option trades

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  • sonics1993
    sonics1993 Member Posts: 1,460
    ReignMan said:

    Follow DKNG Draftkings options. Huge option premiums and swing trade potential as well as a long term core hold.

    They are on my watchlist but not ready to pull the trigger.
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  • 89ute
    89ute Member Posts: 2,486
    sonics1993 said:

    Closed half today at 100% gain. Leaving the other half open because my target is $100 for the stock.

    Smart move. It's tuff to pull the trigger and take a profit when your position hits a gain like this relatively quickly - easy to look at the numbers "if it just keeps going"

    That call is worth $1.44 right now. A lot can happen between now and 1/15 but you gotta feel great taking some profits when you did. If you hold to the bitter end you have a 19.79% chance of this closing in the money and 42.8% chance that it touches 100 between now and 1/15. I like that 42.8% chance especially considering you took some profits already. Hope it's house money for you since you sold some off.
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