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Posted On: 08/28/2020 12:54:09 PM
Post# of 36519
I was at the beach yesterday so I didn't buy anything. However I sold 51 AXP call options I bought 2 days prior for more than a double, so I have $12,300 in cash sitting there. Decided today to buy 20 more aapl call options with that money and not GNBT. I think aapl, when the price trades post split on Monday, will go much higher. They are trying to keep the price at $500 right now since there are tens of thousands of call options with today's exp date o 8/28 at $500 and above. Each strike has that many, so they will want them to expire worthless. I think AAPL gets split to $125 Monday and it runs to $150-200 by Friday. I made a HUGE bet on that happening with 200 9/4 $530 calls (that's 20,000 shares). Just running to $150 on Friday will give me $224K profit. If it goes to $200 I will get $1.224M. Come on $200!
Then maybe I buy quite a few more shares of GNBT.
Then maybe I buy quite a few more shares of GNBT.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.