Seeking Alpha
  • Vegas Ben
    I see a lot of upward potential for $BBRY, and I was glad to see it open low today. I bought a large # of $16 April 5 calls this morning.
    3/25/13
    Reply (6)
    • Noodlez: wouldn't it be better to buy april 2014 calls? a new flagship for holiday season, 5 other devices. sounds like a safer play to me.
      3/25/13
    • Vegas Ben: Safer? Yes, indeed! However, $BBRY is very volatile right now, and the best long option plays occur when there is huge volatility.
      3/25/13
    • Vegas Ben: It is a huge, but limited risk with a small percentage of my portfolio.
      3/25/13
    • Noodlez: well, you seem to highly believe earnings will be positive. i hope you are right. we are sitting in the same boat.
      3/26/13
    • In&Out: $BBRY The May Calls looked better to me but we are on the same page.
      3/26/13
    • Vegas Ben: I've been adding to my April 5 calls. My average price is 21 cents per share, so I need $16.21 to break even. $18 would be incredible!
      4/1/13