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Message: Newbie to Options

today you could get maybe 2.20ish for july 5.00 and today was expiration. looks like you could get about 2.50ish for your aug 5s today. there's plenty of interest so someone will buy but you're right in that you might not get a great price. but with what chris has said, i'd be inclined to change my thinking a little as i agree with his points. i was banking on about a 50% chance of results before the 17th. there will be a run up sometime this next expiry, i'm thinking to mid 8s at some point so prob best to sell then instead of waiting on results that look less likely to come out before the 17th. if price tanks on monday i'd hold out and wait for $8+ pps, which should get you about 3.20ish premium depending on when that happens in the next month. all 100% speculation :)

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