Quote:
Originally Posted by ASAP17
If the minimum bid is $184 & remember how desperate Verizon is to make moves right now... You can only make $6 at most in a month (given your puts breakeven at $190). Seems like a terrible r/r given market conditions. I love contrarian ideas especially in a market full of trend followers but you have to defend it especially if you want input by posting a thread like this.
Ok , so currently it's a better return than the 184 ,but hear me out on this , I know my wild gamble paid off , but we can assume t won't try to one up Verizon and I don't think t mobile wants a part of this so basically the ceiling is 184-190 , since the options don't expire til mid June ,is it worth it to stick around in case something breaks down ? I know I have gotten burned before by not taking profits , but this might be a good hold spot.
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