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Conservative option strategies, what did you buy or sell today?
(05-05-2020, 08:07 PM)NilesMike Wrote: Bought a "time bomb" Call butterfly for .35  BYND

19JUN20 110/115/120

Will be profitable between 110-120 and hopefully she lands right around 115 (would be worth 4.50)
Keep it up and you'll be getting comp rooms and meals with Otter.  That's a pretty tight range for BYND but I realize you can close it early.

By the end of the week I am probably going to close my MAY15 CBRL 100/105 call spread I shorted.  I am at about  85% of max profit in a few weeks.  High chance it will go to 100% in nine days but I should probably take the money and run.

EDIT: I had no idea BYND had launched today when I typed that Mike. That one looks like it's going to be a wild ride.
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Messages In This Thread
T puts ? - by john - 03-17-2020, 09:33 AM
RE: T puts ? - by fenders53 - 03-17-2020, 10:32 AM
RE: WEN options update - by john - 03-23-2020, 09:53 AM
RE: WEN options update - by fenders53 - 03-23-2020, 10:40 AM
RE: Conservative option strategies, what did you buy or sell today? - by fenders53 - 05-06-2020, 09:37 AM



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