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re: Official Erin Energy (ERN) thread

Posted on 11/17/15 at 8:27 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10241 posts
Posted on 11/17/15 at 8:27 pm to
I sold 5 dollar puts for 91 cents. It's not going to be that bad. I'm waiting to see if the put buyer wants to put the shares to me. Last minute cat and mouse thing. Not sure what I'll do yet, but I'm guessing the buyer doesn't have the money to put the shares to me, and I can buy to close for a smallish loss.

Paid a nickel for the calls, so that's not a huge loss either.

Or I might let the buyer put the shares to me for a net share price of 4.01.

Don't know yet, but you're right, it didn't work out the best.
Posted by RebelOP
Misty Mountain Top
Member since Jun 2013
12478 posts
Posted on 11/17/15 at 9:29 pm to
How quickly are you getting filled on these orders?
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