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Old 08-29-2014, 10:23 AM
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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.
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Old 09-09-2014, 04:18 PM
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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.
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Old 09-23-2014, 06:12 PM
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GoPro topped $73/sh today.

1 month and it's doubled in price.
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Old 09-26-2014, 12:23 PM
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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!
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Old 10-02-2014, 10:49 AM
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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.
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Old 10-02-2014, 01:43 PM
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Man, I need to figure out how to buy stock........
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Old 10-02-2014, 02:48 PM
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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.
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Old 10-03-2014, 12:53 PM
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Originally Posted by iridedumped View Post
Man, I need to figure out how to buy stock........
lol I'm with you on that. I see stocks everyday and just look at the graphs but don't know the fine details
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Old 10-08-2014, 07:10 AM
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Originally Posted by mugen_rsx09 View Post
Originally Posted by iridedumped' timestamp='1412286185' post='23354297
Man, I need to figure out how to buy stock........
lol I'm with you on that. I see stocks everyday and just look at the graphs but don't know the fine details
Haha! That's the truth! I keep investing in my car and the only return I get is smiles and emptier pockets.
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Old 06-11-2016, 12:16 AM
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wondering if your still in Gopro because it went to shit.
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