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Who's Zoomin Who?

Sep. 05, 2020 11:59 AM ETZoom Video Communications, Inc. (ZM)
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babybuffet's Blog
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  • Last week I decided to play with ZM for a quick earnings windfall.

So check out this puppy:

What did I do? (start at the bottom)

I mean that initial $340.00 Call / $287.50 Put strangle was pretty safe when it was ~$310.00ish - right?

I see what you did there I'm high not stupid - High I see what you did there | Meme Generator


So lots of clicking this week.

Where did I end up on Friday?

So clearly I'm stuck in this "hole" until January, or it crashes back to earth and I can close out those calls for $0.01.

How much am I into it for?

How much have I collected in premiums so far?

So what's $37,158.08 / $46,879.65?


Not too shabby for a bad guess.

Of course I've got nothing to do with this position till October, but I'm not crying (yet) since I was not called Monday night when it was in AH Nirvana. The guy who's cryin was the fool that bought at $478.00 on Tuesday, and you know who you are.

Yes, you're this guy:

There is Where His Weeping and the Gnashing of His Teeth Will Be | The Watchman's Post


Analyst's Disclosure: I am/we are long EVERYTHING.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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