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re: Official Erin Energy (ERN) thread
Posted on 11/21/15 at 9:11 am to Iowa Golfer
Posted on 11/21/15 at 9:11 am to Iowa Golfer
Someone exercised and put shares to me for $5. My net cost basis after deducting premium I was paid is $4.09, so I got out of this naked short o.k.
I had also sold $7.50 puts for over $3.50, and these shares weren't put to me, so I kept someone's premium. Someone didn't have money to buy the shares to put to me, or it made no sense after they factored in their commission.
Either way, I got extremely lucky.
I had also sold $7.50 puts for over $3.50, and these shares weren't put to me, so I kept someone's premium. Someone didn't have money to buy the shares to put to me, or it made no sense after they factored in their commission.
Either way, I got extremely lucky.
1
Posted on 12/11/15 at 11:15 am to Iowa Golfer
No post on here since November 21st.
CEO/Chairman Lawal Kase Lukman is all in!!
He's acquired 90,700 shares for ERN since the last post.
CEO/Chairman Lawal Kase Lukman is all in!!
He's acquired 90,700 shares for ERN since the last post.
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