I'm just starting to look at options, so excuse my lack of understanding.
CGC is currently trading at $45.83 (as I type this) and it's $15 Call (Jan 18 2019 expiry) is trading at $30.60. So if I understand this correctly you're already breaking even and you make money as long as it doesn't go down over the next 4 months? Seems like a much easier decision to make than most of the others I've seen where the stock has quite a way to climb till you break even.
Submitted August 30, 2018 at 11:30AM by jeetkap https://ift.tt/2N2v7M1
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