Quote:
Originally Posted by initial_jc
Im trying thinkorswim, and the paper trade with CBOE.
Whats your reasoning when you sell an option?
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My brother is with thinkorswim and has nothing but good things to say about them. I have always wanted to try them, just been with tradeking so long never got around to trying them. I am definitely going to try them at some point. Let me know what you think of them.
What do you mean by your question, sorry kinda confused. You mean why do you sell vs let the option expire? Or are you talking going short (put option)?
I ended up buying another 5 contract of feb 19th 85 calls on XOM this morning on the cheap. XOM already popped to 84 with plenty of days left before expiration. The 80 calls I bought for $0.50 are now trading at $4.00!!!!!!!!!
When I posted about earning a couple days ago XOM was at 79 it's now at 84. I hope some of you guys bought some calls that day.