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You weren't supposed to buy it that early you were supposed to short it. {nm}

Posted by: Borat on Jun 22, 20:17 in response to elchan's post I never buy them that early. Better things to do with...

DL: 2nd update 6:30 PM- BRAVE 22 Fri/60+ weekend; ALVH 8 Fri/high teens-shot at 20 weekend; nothing SAFEW Paul2k Jun 22, 19:13

Whoever's been riding those two openers today should be making a boatload of money. Unfortunately, I'm not one. :/ {nm} Paul2k Jun 22, 19:14

Pull the short trigger on ALVH, just now. Had the puts on ALVH, and SAFEW. I felt the strikes were way to high for those two. elchan Jun 22, 19:27

Just now? Wow you really missed out. {nm} Borat Jun 22, 19:41

Something's better than nothing. It was just too risky, until now, for me. ;-) {nm} elchan Jun 22, 20:03

Too risky? It was priced at up to 127.00. One of the most over priced ever. It would have needed a 47 mil opening. Borat Jun 22, 20:11

I never buy them that early. Better things to do with money during the week. I just had a 98% week. elchan Jun 22, 20:15

You weren't supposed to buy it that early you were supposed to short it. Borat Jun 22, 20:17

Although in all fairness I don't even know if you were playing when it was priced at 127.00 {nm} Borat Jun 22, 20:21

Lol, I was playing for a few days, when it peaked at $126.12. That means if the movie makes $20M, your dROI would be 0.60% . elchan Jun 22, 20:39

Based on your port size... Dales Jun 22, 20:59

I agree. Not worth tying up that much money for that long a time when I'm averaging over 10% daily. {nm} elchan Jun 22, 21:01

Except for today when there can be a potential 15% profit in 1 day. {nm} elchan Jun 23, 06:06

Also cherry picked some nice bonds, should make up for it. {nm} elchan Jun 22, 20:05

El Capitan has sold out all of its Brave showings so far today, although that's not unusual. {nm} mickpix Jun 22, 19:36

Shorted Abe at $121, so I'm just swimming right now. {nm} austpow Jun 22, 22:15





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