Stocks & Commodities V. 34:06 (28, 42): Explore Your Options by Tom Gentile

Stocks & Commodities V. 34:06 (28, 42): Explore Your Options by Tom Gentile
Item# V34C06_229GENT
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Explore Your Options by Tom Gentile

Is it worth buying options on low-priced, highly volatile stocks?

Sometimes an opportunity simply presents itself at the least-expected time. My brother-in-law recently asked me for my opinion on SunEdison Inc. (SUNE) stock. I’ve told him in the past that I wouldn’t touch this one with a 10-foot pole. It’s way too volatile, and has price swings that would make the toughest trader cringe. So I told him what I always tell him, which is, I wouldn’t own the stock. Then it hit me. I wonder what the options are trading at? I know this stock is a single-digit stock, so I am not expecting much. I took a look at the chart of SUNE...

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