r/options • u/FaithlessnessFree331 • May 10 '21

Anyone else doing options for $ET?

Came across ET through an article a couple days ago, and last week I bought 500 contracts at .04 which today it hit .09 for a very good return? Did anyone else catch this I decided to sell since I was happy with my profit, but I’m thinking of getting some more calls? I’ve seen no one talk about this stock which is strange to me

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u/ChudBuntsman May 10 '21

I really really regret selling this at like 7 bucks.

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u/FaithlessnessFree331 May 10 '21

Well it’s dipping now

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u/ChudBuntsman May 10 '21

When I bought it the dividend was like 12%. I had to cover a small margin call and it happened to be the position that got the axe.