Soggy Bottom Boys
Hopefully people sold their 9/18 Calls today or at least sold the majority of them after being up a few hundred % in profits especially if you bought them earlier this week or before!
Definitely buy Calls but make sure they are further out Exp dates! If you decide to get really far Calls or Call Debit Spreads, i would wait for a dip in Premium and then buy!
I know all this is a “no-brainer” but there will be so many people who will buy far OTM 9/18 Calls tomorrow and then wonder why they didnt profit even though SRNE jumps again tomorrow amd Friday!
New Options traders....... make sure you know all about how the Greeks and IV will affect Premiums and you’ll be one step closer to unbelievable profits!!
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