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Frankie62



My GE Ignore List


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Msg  3840 of 4179  at  6/16/2012 5:14:56 PM  by

ladyboilermaker


 In response to msg 3839 by  margin321
ignore topicview thread,  thread start

Re: I am getting bored with the 19's

 Margin ,
 
If ya really see $25 down the line,  the options chain is showing 19-20 volatilty for Jan. 13 calls.
 
A straight call of 24 or 25 strike will really give you bang for the buck , IF by halfway, (mid Sept, early Oct.) GE has moved to 22-23  .  5 times your money is not unreasonable .   If it takes closer to end of yr.  less potential. unless 25 plus is doable.
 
Also you could always turn a straight call which starts moving into a spread and really lower your cost and volatility risk.
 
That little 25 Jan. strike at .11 is tempting.   But  the commissions make it not that inexpensive .  ;-)


 
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