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Generex Biotechnology Corp GNBT
(Total Views: 296)
Posted On: 08/28/2020 2:07:17 PM
Post# of 36564
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Posted By: tc2000chartreader
Re: docj #20453
doc, I forgot to quadruple my aapl call contracts upon the split. I have 200 contracts, so I will have 800 contracts after the split. If aapl is at $500 today upon closing, the share price will get cut to $125 for Monday. So my 9/4 $530 calls will get adjusted to $132.50 calls but now I'll have 800 of them. My current avg price is $6.29/contract, so that will get adjusted to $1.57/contract. If aapl goes from $125 to $150 by Friday close, my situation would be $150-$132.50, so $17.50 minus $1.57/cost, so profit of $15.93 times 80,000 so a profit of $1.274M. If aapl goes to $200 (wishful thinking), then $67.50 minus $1.57/cost, so profit of $65.93 times 80,000 so a profit of $5.274M. That would be VERY NICE! Ah, what it is like to dream, like I have been with GNBT for almost 20 years.













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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.



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