As I mentioned back here I placed a limit order to sell June $27.50 TTWO Calls. I was busy last week and missed the earnings call and due to email issues didn’t receive notification that my order was executed at $0.85. Truth be told, I had forgotten I placed the order until I logged on to my little used high confidence account and saw I was short .TUOFY. Since I’m in confession mode I didn’t even get around to thinking much about my new position until, well, right now. So …

Fusion Investment Fund sold 5 FDX June $90 Puts (FDXRR) at $4.00 on May 22nd. The analysis behind the FDX position was explained on the 21st May.
Fedex closed June 3 at $89.94, the puts last traded at $2.70. My favourite options quote provider, The OIC, shows

Bid/ask mean
2.675 (2.60- 2.75)

Open interest
4,382

Option value
2.3335

Implied volatility
33.23%

Delta
-0.4889

Gamma
0.0602

Theta
-0.0703

Vega
0.1269

As those values are the primary options values and Greeks I’ll mention, let’s quickly recap what they mean.
It’s All Greek To Me

Bid/ask mean is the average if the current price option traders are prepared to buy (bid) and sell …

Should I sell or should I hold now.
Here’s my options analysis on Take-Two Software.