|
|
Post by cretin11 on Sept 14, 2020 10:06:27 GMT -5
For those who are interested, the 2022s and 2023s hit today. Finally!
|
|
|
|
Post by sportsrancho on Sept 14, 2020 10:28:20 GMT -5
For those who are interested, the 2022s and 2023s hit today. Finally! 👍🏻💪🏻 |
|
|
|
Post by pat on Sept 14, 2020 11:37:47 GMT -5
Great. Feed my habit.
|
|
|
|
Post by mango on Sept 14, 2020 15:50:27 GMT -5
For those who are interested, the 2022s and 2023s hit today. Finally! What are leaps? 🤾 |
|
|
|
Post by sportsrancho on Sept 14, 2020 16:02:56 GMT -5
For those who are interested, the 2022s and 2023s hit today. Finally! What are leaps? 🤾 A leap is an option that’s over a year long. Better for Taxes. |
|
|
|
Post by mango on Sept 14, 2020 16:40:13 GMT -5
A leap is an option that’s over a year long. Better for Taxes. You can get in the money and cash out at any time during that year? |
|
|
|
Post by sportsrancho on Sept 14, 2020 16:56:56 GMT -5
A leap is an option that’s over a year long. Better for Taxes. You can get in the money and cash out at any time during that year? Yeah but why would you want in the money, buy slightly out of the money so that they increase more in value as the stock goes up. Wait till the options go down in price they’re always high when they first come out, couple months I’d say. Or before you think the stocks going to start to move. I’ll buy at the EOY to cover the more to FDA approval. Then sell before launch because lunches are always shorted. |
|
|
|
Post by radgray68 on Sept 14, 2020 19:35:06 GMT -5
I don't know that I've seen 2 LEAPs show up at once before. Not on Mannkind, anyway. Noticed they are still putting out weekly's too. Don't know if that's good or if that means the shorts are still at play or what. I believe 2023 is our breakout year. Will watch closely for a few months, though, like Sports said. They always start high.
|
|
|
|
Post by rossomalley on Sept 14, 2020 19:38:50 GMT -5
For those who are interested, the 2022s and 2023s hit today. Finally! Just 2023 is on offer, unless your broker has something mine doesn’t! 🙂 |
|
|
|
Post by rossomalley on Sept 14, 2020 19:44:38 GMT -5
I don't know that I've seen 2 LEAPs show up at once before. Not on Mannkind, anyway. Noticed they are still putting out weekly's too. Don't know if that's good or if that means the shorts are still at play or what. I believe 2023 is our breakout year. Will watch closely for a few months, though, like Sports said. They always start high. It is an interesting question how these come to be offered when they do and why. Does anyone more experienced in the arcane arts of synthetic derivatives know how this works? Who is responsible for opening new options and why would they do it now? 🤔 |
|
|
|
Post by mango on Sept 14, 2020 19:46:46 GMT -5
I don't know that I've seen 2 LEAPs show up at once before. Not on Mannkind, anyway. Noticed they are still putting out weekly's too. Don't know if that's good or if that means the shorts are still at play or what. I believe 2023 is our breakout year. Will watch closely for a few months, though, like Sports said. They always start high. It is an interesting question how these come to be offered when they do and why. Does anyone more experienced in the arcane arts of synthetic derivatives know how this works? Who is responsible for opening new options and why would they do it now? 🤔 I was thinking just the same thing. Who “made” these LEAPS? |
|
|
|
Post by sportsrancho on Sept 14, 2020 21:33:41 GMT -5
I’ve never seen it happen either, like 2 leaps coming out at once! Never with any stock. But then I checked my TD account and they’ve only got 2023. If I called them and asked them which I have done before they would just tell me there was no demand. Strangest thing I have ever seen, time erosion will bring the 2023’s down.
|
|
|
|
Post by mnkdfann on Sept 15, 2020 1:14:31 GMT -5
|
|
|
|
Post by mnkdfann on Sept 15, 2020 1:21:33 GMT -5
I don't know that I've seen 2 LEAPs show up at once before. Not on Mannkind, anyway. Noticed they are still putting out weekly's too. Don't know if that's good or if that means the shorts are still at play or what. I believe 2023 is our breakout year. Will watch closely for a few months, though, like Sports said. They always start high. It is an interesting question how these come to be offered when they do and why. Does anyone more experienced in the arcane arts of synthetic derivatives know how this works? Who is responsible for opening new options and why would they do it now? 🤔 January LEAPS are issued in September. That's just the way the CBOE rolls. LEAPS are issued if there is demand and an interest for them. For instance, there are volume requirements that have to be met in the preceding months for LEAPS to be issued. And (I think) the CBOE has to find a designated primary market maker that is interested in participating. Although, it may be that the market maker role is randomly assigned. I don't know about that. www.cboe.com/education/getting-started/quick-facts/leaps"January LEAPS are listed in September no earlier than the Monday prior to standard expiration. Standard expiration is the 3rd Friday of each month." |
|
|
|
Post by cretin11 on Sept 15, 2020 11:25:29 GMT -5
The 2023 leaps came out for many stocks yesterday, not just MNKD. Most stocks already had 2022s out long ago, but for some reason MNKD 2022s just became available yesterday, at the same time as our 2023s.
|
|
