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re: Visa getting roughed up today?

Posted on 8/2/13 at 9:51 am to
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16956 posts
Posted on 8/2/13 at 9:51 am to
That stuffs over my head. Want to learn more though. Recommend a good read?

This isn't my day job by any measure though, However I have crushed it this year (for me at least)
This post was edited on 8/2/13 at 9:52 am
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 8/2/13 at 9:54 am to
quote:

For me, 100 shares of V would be my whole stash


Ace man, anything though, forget V

coca cola got hammered today! It's trading range has it over $40 forever now, next friday's $40.50 put is .56 so $56/contract that's like 1.2% weekly return and 1 contract would be $4,050. So say 3 contracts you return close to $180 if it expires, if not you own coca cola at $40.50 - .56 so $39.94 which is cheaper than it is to buy the shares at this moment!
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