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Theodore, Saskatchewan | khall,
I would not worry too much seeing as you bought a call at 460, the real bearish possibilities do not exist for you. You are risking only 12.80.
The chart left a big gap on it this morning. Prior to Feb 16 expiration of your call it is possible that price will probe that big gap to see what happens. Let's say for argument sake that it gets to 480, then you can actually walk away with some money. Perhaps even before that a jump in price you can sell the call again for some money.
Good luck | |
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my attempt at real-time trade talk....
