3d • General discussion
VG May 15 $15 call strike
Wanted to give an update on our VG trade we put on 2 weeks ago , we sold 22 contracts of the May 15 , $15 calls for $95 a contract for gross proceeds of $2090. At the time the stock was trading at $13.23 a share. Right now the stock is trading at $12.25, we could buy back those contracts for $33 a contract if we close right now. With a 16.66% chance of being in the money , we are going to wait another week and have theta “Time Decay” keep working for us . We will revisit this trade next Monday. Have a great trading day everyone!!!!
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VG May 15 $15 call strike
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