travisyoders1983

HELP!!!

Education
CURRENCYCOM:CLX   None
so i bought a CLX (colorx) $140 stirke put for may 15th or .30 ($30) .................what happened was i looked up what stock had spiked up real fast and used some type of scanner and it said in that min clx did by 5% so i saw a put that was at $140 strike for $.10-$4.50 figured i would offer .30 not thinking it would get filled cause my bid was so much lower than the ask price......the spread was at 2.28 well it went through..... and all the sudden the value of my option jumped up to $228 and i tried to sell it. but the price fell back down to $30 in 10 seconds..... well it played this game a few times through out the day......mainly stayed at $30 for most of the day........at close of day my account worth jumped up to show a $228 dollar increase and still remains that way. i went googled options profit calculator and entered in the put i bought for the price i bought it for and it says im rich lol......i will post a link to the calculator with my exact option and price paid below......if anyone can tell me if i really screwed myself or if im ok please let me know....... i was told when buying options you cant lose more than you paid for the option so at worse case i shouldnt lose more than the $30 i paid for the put......
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