Options – Details & Strategy

Goose reviewed the Bloomberg options menu for call options on BUBB. They sorta look like this fine representation of the kindly, loving people at Microsoft, who have one of the more complete option packages tradable.

Goose noted that the September $50 strike price calls were selling for just $1.80, yet he thought that it's likely the stock could kiss $50 in the following month. That would mean that those options would likely then trade for $5-$6 each or more if the markets get a bit more...