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_throw_away_2019 OP t1_j6phds8 wrote

Reply to comment by Same_Class5866 in I bought 5k Wendy calls, how regarded am I? by _throw_away_2019

Why do I need a loan to buy them? Wendy’s IV rank is at 44 which is low and great time to decide if this stock is worth buying options. A 10 cent move can move my option 5-10%. Which I’ll happily take. But think about it … tomorrow FOMC people gonna need to put money on something

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Same_Class5866 t1_j6phpem wrote

So you have had success in the past.

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_throw_away_2019 OP t1_j6pi22n wrote

A few times but 1 time took me out. I’m not going to be trading spy during FOMC f that. I rather trade something that doesn’t move as much like Wendy’s and worst case scenario I just work there

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