4/15/20

FIT And AMC Option Trades

Taking a perceived calculated risk in a game that plays for keeps.


I have been waiting for my capital to increase before adding any additional risk/hedge.


FIT has been hammered, the cost of buying a call was so cheap ($.07), I was not worried about the downside risk.

Bought FIT MAY 01 '20 7 Call @ .07position down -42%/ -$2.79


Another bullish trade, I sold a naked AMC option with a $3 strike for a credit of $1.35. If AMC is put to me, I do not mind owning AMC as part of my portfolio.

Sold AMC MAY 15 '20 3 Put @ 1.35, underline currently $2.37 position up +18%/+$24.70





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