IVZ 4.05% 7.7¢ invictus energy ltd

IVZO - Options, page-222

  1. 6,655 Posts.
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    "Although selling new options now at 0.42c is not overly sophisticated, especially if the same sophs took a bath on selling the heads below 12c. Whytf do they participate at all?!"

    Paid 12c. Sold the heads for say average 11c and the oppies for 4.2c. Thats average 1.1c or 9% profit in a month with virtually no risk. Sounds pretty good to me. Maybe i should send the letter to get 'sophisticated'.
 
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