GoPro
I recently noticed the Jan15 options were selling at a monster premium ($6/sh) so I bought 100 sh of GoPro (GPRO) and immediately sold an option against my shares.
I'm in at $47/sh, and after making $600 on my option sale (Jan15 @ $50) I have a nice pad against a drop in stock price over the next several months. And, if the option executes, I'll make about 19% in five months. Just sharing in case anyone is interested in making a similar move. Very volatile stock -- but there may be money here. |
Checking back in 2 weeks later. Holy crap -- I hope someone else got in.
Stock has been climbing 6-10% DAILY and hit $68/sh mid-day today. I'm now looking at my piddly 19% with serious disdain...I could've been up 45% by now. Still, very happy with my (almost guaranteed) profit. FWIW my option is now worth 300% of what I sold it for. |
GoPro topped $73/sh today.
1 month and it's doubled in price. :egads: |
Good news -- whoever bought my option claimed the shares today, so I ended up making my 19% in just over a month...and I don't have to wait 'till Jan to get that money.
I'm out! |
Hmmm Didn't see this till now.
I was lucky enough to buy on the IPO date and sold a short while after for 60-70% gains but man... Missed the fat chunk at the top. |
Man, I need to figure out how to buy stock........
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Yeah, it topped $93/sh before the 2 owners got greedy and wanted to sell part of their share today which caused a bit of a sell-off in response.
I'm with them -- at $90+/sh this is way way way way way overpriced. |
Originally Posted by iridedumped
(Post 23354297)
Man, I need to figure out how to buy stock........
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Originally Posted by mugen_rsx09
(Post 23355761)
Originally Posted by iridedumped' timestamp='1412286185' post='23354297
Man, I need to figure out how to buy stock........
|
wondering if your still in Gopro because it went to shit.
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