Originally Posted by
Gunfighter
I can't short sell in my Brokeragelink account so I looked at buying puts, but the premium for today's expirations was ridiculous. I decided to sell $2.50 worth of premium via CC @ 55 with 1/22 expiration. For some reason I couldn't sell the cash secured puts. Come on lucky 7, close above 55, daddy needs a new pair of shoes.
You prolly know this, but some(all) options continue to trade after the market closes. My son had some options several years ago that closed at expiration bigly in the money. The options continued to trade that same day/evening, when the underlying company announced bad news. The options wound up costing him about 40k. That was news to him as well as me. (He coulda bought them back at close for next to nothing but he figured, “why bother”)
Just some info for peeps