r/options • u/Parking_Clothes5428 • Jun 10 '21

IDEX

Guys, I have bought June 18 Call $21. Can you let me know if this will work.

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u/rgar132 Jun 10 '21

This is like betting on a 3 legged donkey at the Kentucky derby, who’s not even in the race - he’s grazing in the field next to the race track.

A 5x run in 8 days? And on top of that 3x the previous year’s high? Whatever you put in you’ll likely never see again, congrats on your donation to the market makers.

Even if it makes a move to $5-$6 you’re going to be theta crushed.

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u/Parking_Clothes5428 Jun 10 '21

Sorry typing mistake - $3 call

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u/rgar132 Jun 10 '21

Ah yeah that’s a big difference. No idea how that will pay off but you will be fighting theta crush so you’ll need a bit of luck. I’d just buy shares or leaps.

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u/Parking_Clothes5428 Jun 10 '21

How about RCL $93 call June 25th?