http://www.garmin-250.com/blog/2010/02/where-do-you-think-garmin-grmn-is-heading-this-month-in-the-market/ Question and Answers about Garmin GPS Tue, 13 Jul 2010 00:43:47 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://www.garmin-250.com/blog/2010/02/where-do-you-think-garmin-grmn-is-heading-this-month-in-the-market/comment-page-1/#comment-2357 Barney Thu, 04 Feb 2010 10:00:35 +0000 http://www.garmin-250.com/blog/2010/02/where-do-you-think-garmin-grmn-is-heading-this-month-in-the-market/#comment-2357 I think you should do OK. The price on that option is now at $7.50 a share. From June 8 to July 16 it moved from $61.50'ish to $81.50'ish. A $20 return per share in a month is a good thing. My order queue says that break even on that $7.50 a share on the 105 strike will be around $112.50. Watch your time decay as you only have 30 days til expiration. I would look to sell it back to the market (if you don't exercise) 7-10 days before expiration. I think you should do OK. The price on that option is now at $7.50 a share. From June 8 to July 16 it moved from $61.50′ish to $81.50′ish. A $20 return per share in a month is a good thing. My order queue says that break even on that $7.50 a share on the 105 strike will be around $112.50. Watch your time decay as you only have 30 days til expiration. I would look to sell it back to the market (if you don’t exercise) 7-10 days before expiration.

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