UnknownUnicorn8174991

BB - Gambling with Short Term Calls

Long
NYSE:BB   BlackBerry Limited
I think price either goes sideways or up, considering a massive pullback today.

I got two calls today, hoping to see a gain. I've had really bad luck in the options market, so I expect to lose.

7.68 12/4 is my break even price. I will update with my loss (or gains).

I bought these contracts when price was 7.15 after pullback.
Comment:
I sold them and made a life changing $82 profit. Better than losing money though.
It's frustrating that I couldn't get more. At pre-market, it was as high as 8.70, but when I sold my calls, price was around 7.85-7.90. If I got 8.70, maybe profit would be $270.
Comment:
Funny how it's moving along my squiggly lines by the way.

Trade closed: target reached
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