No. of Recommendations: 0

Even though I should have bought earlier this week, I will be profitable with my GOPBF.X Feb 2006 430 calls @36 so long as GOOG can close above 466 before expiry.

Even though the call premium will decay down towards the strike+stock price, any call premium above 36 is profitable, right?

What I meant was are you planning on exercising the option, or simply selling it at a higher price ?
Also, what is your exit / stop strategy ? If GOOG goes below 430, will you let the option expire worthless ?
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.