• Ocean Man
    Bought weekly $GOOG $890 calls for $5.10 with stock at $892.
    8/8/13
    Reply (8)
    • Ocean Man: Added at $3.35 with stock at $888.50.
      8/8/13
    • ennifar: Do you have a stop loss on this? I am in at 5.10 as well
      8/8/13
    • Ocean Man: Options have a built-in stop loss. You have to be prepared to lose 100% or close to it if you are wrong.
      8/8/13
    • Ocean Man: But you're getting the upside on $89,000 worth of GOOG stock for just $500.
      8/8/13
    • Ocean Man: Nice bounce back to $894.
      8/8/13
    • ChrisGriffith: Aw man! I was waiting for your update on which calls to buy, but missed it!!!
      8/8/13
    • ChrisGriffith: Great trade OM. Was gonna do that one with you
      8/8/13
    • ennifar: Thanks for answering and as always providing such valuable information!
      8/8/13