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Author: GrandpaRalph Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1207  
Subject: Re: AMRC options Date: 4/26/2013 11:11 AM
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Hi guysa,

You are looking at the "last trade" that occurred for a July 13 $12.50 Call. The current ask price from other hopeful sellers is .10, and there are no bids.

The "last trade" price is virtually useless in options, particularly those that are thinly traded. This trade may have been last September, when the stock was closer to $12.00.

I'm not the best expert here, but in my 5 years or so of trading options, the one lesson I've learned is there are no "no brainers". Still, options can be useful and lucrative. Don't get discouraged, try doing some additional learning. Try the learning tab of the CBOE: http://www.cboe.com/default.aspx

You could also look at some of the more rec'd posts on this board.

Ralph
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