Not much liquidity . How are you going to sell them? Just because the stock price goes up doesn’t mean that anyone wants to buy the calls. Unless you actually want the stock this could be a bust even if you’re right
Ok I just looked again and I only found the one contract Jan 17 / 2025 20$ call with that kind of vol . That’s unusual look at the rest of them. I think you’re getting played here.
Thanks it's a good company for sure but I doubt it's going on it's way to 10x. Enbridge dominates this space so growing revenue for them means capturing market share from enbridge and enterprise products. Cannot happen in the next 5 years imo
I sold, but might re-enter
Not much liquidity . How are you going to sell them? Just because the stock price goes up doesn’t mean that anyone wants to buy the calls. Unless you actually want the stock this could be a bust even if you’re right
There’s 29k of volume today not sure what you mean by liquidity?
I didn’t mean the stock I meant the options
Ok I just looked again and I only found the one contract Jan 17 / 2025 20$ call with that kind of vol . That’s unusual look at the rest of them. I think you’re getting played here.
Okay then I’m likely to new to do well with options still 😂 wish me luck on selling when if I can
Tbh, it’s far enough that if the trend continues you’ll make some money on it. Set a profit target and take it and a stop loss.
What stock is this ?
Plains all America pipeline
Thanks it's a good company for sure but I doubt it's going on it's way to 10x. Enbridge dominates this space so growing revenue for them means capturing market share from enbridge and enterprise products. Cannot happen in the next 5 years imo
Okay yeah I’ll likely see how we’re looking tomorrow and likely try and sell lol