Re: 15 Oct 2012 - 2015 - 1.00 Calls Vol of 10 @ 3.80????
in response to
by
posted on
Oct 15, 2012 07:04PM
Edit this title from the Fast Facts Section
I didn't see any volume on any of the Jan 2015 options, calls or puts. It's going to take a little time for some trading to establish some more reasonable bid/ask parameters, right now they are all complete BS.
WHATEVER YOU DO, DON'T put in a market order on any of those positions!!
If I had to have some 2015 calls now, I'd probably go for the $3's, based on what I see as the bid/ask, and place an order in about .10 to .15 above the bid. But I might do the same with the $4's and $5's. My guess would be you wouldn't get filled, and the bid would just go up from whatever it now shows to your bid. But best to wait to see what develops over a little time - some of those positions will eventually start to trade and we'll all get a better idea of what might be the appropriate price (or at least the true market price) ought to be.
I've been touting the warrants and still do over the 2015 calls, nothing like an extra year - it can really come in handy!
Believe me, if I could get anywhere near $1.50 for the Jan 2015 $5 calls, I would sell them with the warrants being my safety net.