RE:RE:RE:RE:RE:X Date was ASHRAM wrote: i buy jan/2022 call options for $7 at 30 cents.i will loose all 30 cents if stock did not go over $7 by jan 21/2022 but if it goes to $8 or $9 my money will be 5 bagger.i am bullish on bto it is oversold i am keep adding but no margin left so i am buying options.good luck all.
first of all if you bought options of 7 you are already losing, right now i have no clue as to what will make bto go up,, clould be because of whats going on in the country but lets say that turns around but gold prices go down bto gains will be capped because of gold price..you can be bullish all you like but this one is risky.. you should've sold puts and calls instead for income instead of buying, better to own the stock than in options on this one..i hope it goes to 7 to break even...bto has a mind of its own