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As you can see in the screen shot below, the price of the “shares” eventually rose as high as $7.00. Given the way the option contracts were set up (that sounds complicated, but I promise, is NOT), I was making $7 for every penny they moved. From $2.80 up to $7.00, that was 420 pennies, so it was an opportunity of $2,100, or another way to look at it, the shares moved 150% in my favor. Instead, I lost $15… ugh… lol…
