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  • Ashraf Eassa
    Bought some $38 February 16 puts on $ARMH today for $0.50/contract. Lotto ticket that could pay off big.
    Jan 25, 3:59 PM
    Reply (8)
    • blackswans: Gotta love those premiums.
      Jan 25, 6:59 PM
    • logistics: Is it $0.50 per stock or for 100 shares? really being following your excitement over shorts..
      Jan 25, 11:19 PM
    • Ashraf Eassa: $0.50/share, so a 100 share contract cost me $50 ( + $10 in commissions + $0.75 for the option)
      Jan 25, 11:29 PM
    • logistics: thanks, I met options not shorts in original post.
      Jan 25, 11:48 PM
    • Albert Alfonso: for such a short-term put, that seems pretty pricey. nearly 2% of the stock and you'll need it to fall 10%
      Jan 26, 1:54 AM
    • ksriniv: I was thinking the same. Do you expect to see this drop so much?
      Jan 27, 2:58 PM
    • vandeley: It's not that much, it's just over 1% of the stock price and you have the option through earnngs
      Jan 30, 2:44 PM
    • blackswans: Not really vandeley... the stock has to close under $37.50 for Ashraf to breakeven/make money.
      Feb 2, 9:37 AM