They filled the order @ $0.11. I am tempted to buy more of these given the low price but I have to be disciplined so I limited myself to adding another 100 contracts.
This low price represents faith that nothing, and I mean nothing whatsoever at all, can go wrong between now and 2016. That is more than a year from now and someone is selling these at 11 cents. GE doesn't have to go down to $13 for me to make out like a bandit here. These will easily double or triple at the first smell of any global credit trouble.
All I can say is this is an asymmetrical bet that has very, very high odds of paying off big time.
Monday, December 1, 2014
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