2014 option challenge

Discussion in 'Options' started by stock_trad3r, Dec 31, 2013.

Should I buy deep OTM spy call?

Poll closed Jan 10, 2014.
  1. Yes do it

    13 vote(s)
    61.9%
  2. You're nuts

    8 vote(s)
    38.1%
  1. hopefully it's over

    pretty pathetic that a dog themed currency is my best performing 'investment' for January http://dogemonitor.com/#
     
    #21     Jan 23, 2014
  2. wow

    such faith

    much profit

    doge to the moon
     
    #22     Jan 23, 2014
  3. http://www.optionsprofitcalculator.com/calculator/long-call.html

    a 30% SPY year isn't likely, but a 15-20% year is likely

    The last time the S&P had a 34% year in 1995, it was followed by a 20% year in 1996 and a 30% year in 1997.

    If it does go up 20% then you can make a 2100%-800% return depending on time decay. It's a good bet considering we're in mid-cycle right now.

    Don't buy it now, though, because the market seems to be correcting itself from the october-december rally. Wait for a better price.
     
    #23     Jan 23, 2014