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Buying put options on BP - good idea???
What do you guys think?
August 16 strike price of $45. $355 (100 shares) Its at $46.11 now Thoughts??? |
Do you have a link or something?
I have not heard about this. |
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Do I have a link to the info I just laid out? no I dont. You have not heard about what exactly? The ability to purchase put options? Or is this just your new "See Sig" system. Very creative. |
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id say its a pretty sure bet!
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they've been hit hard as is, what makes you think they will sink even more? If anything I would buy some calls, lol
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The stock is already trading down on the bad news its way late for this. Its been a long time since i messed with puts but I believe your exposure if it goes way up is equal to an uncovered call is it not?
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when they begin using the word "stabalize" then it's time to buy.
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Sounds like a great way to lose your ass.
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I wouldn't lay down put options just yet. If I were you though, I would hedge your bet and get calls and puts, 66% puts 33% calls to at least attempt to cover your ass.
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i will post my comment mid august
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Remember this is oil. . |
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Was down to $40 today. Rallying a bit with the rest of the market
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Ahhhhh,
Feels good $31.59 right now. Under $30 yesterday. |
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Why ask for advise then? |
I think they'll go bankrupt over this. Might be better to invest in a rival(or two).
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