Thanks that’s a good point! I kick myself not buying 100 or 1000 of those contracts, but I’m not willing to lay $7k or $70k on the line to be lost. Even though it wouldn’t ruin me, I’m not ready to take that much risk which is why I’m just trying to learn get the feel of the options gain in baby steps. Although had I rolled the dice with $70k it would have been $505,000 holy fuck
God damn unbelievable and preposterously easy to do. That’s an entire pork belly and it took 3-4 hours at 250. Trim almost the entire fat cap, dice into cubes like those, season on all sides, smoke to probe tender (200-204), toss in sauce, throw back on the smoker for half an hour so the sugar caramelizes. And pickling red onions is insanely simple, including prep time you can go from 0 to 1 in under an hour.
I have around 3300 shares. Sold my $13 calls and $15 calls expiring tomorrow, and half of my $15 calls expiring in 2 weeks for half of my cost basis on the shares. Rolling the dice and kept my $14 calls expiring tomorrow. Bought $13 puts for $.08 to hedge incase Shari does something stupid tomorrow