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Bullboard - Stock Discussion Forum Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The... see more

TSX:VET - Post Discussion

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Post by shenty46 on Feb 12, 2021 4:20pm

I added

I added 10000 in call options of strike price 3 at $4.30 for jan 2022.
Comment by geemonet on Feb 12, 2021 7:11pm
Weird trade. Why not pick a higher strike price for cheaper and get twice as many? Make waaaaay more with the same move in stock price.
Comment by shenty46 on Feb 12, 2021 8:58pm
that is speculation, this is like investment, 40 cents more, and i am breakeven. If i would have bought higher strike call, no doubt i have gotten more options, but it will take a lot of time to breakeven. 
Comment by geemonet on Feb 13, 2021 4:40am
I guess, but If you're paying so much for the option why not just buy the stock and take out the time risk all together? Isnt the point of buying an option to give yourself leverage to the moves in stock prices?  I bought some $7 March calls for .31. Now they're at around .55 so I've almost doubled my money on the stock price moving a buck. Where as with you're method the ...more  
Comment by shenty46 on Feb 13, 2021 5:45am
you are great, i am novice