First off, I agree with Archie. But I think if there is still a demand for 150, then why not make em? It has been show, so far that 150 will vanish just as fast as 100. The idea is balance the supply with the denamd and not flood the market.
I have been advise that my theoretical profits for the $200 strikes are wrong. The casino makes around $30 a strike.
So I need to revise my "theory" to $18,000 in lost income for the casino, per year, if they issue 100 each of 12 different $200 strikes, vs 150 each of 12 different strikes.
If it was a matter of 105 people and dealers and NIS wanting the new strikes, I'd say, tough luck, there isn't enough demand for making the 25 extra.
But it's been proven by the same casino that makes these, that if they released 150, they would all sell out, just as fast.
We never got a straight answer on how long it took for the 200 issue to move, not including the two hold backs. I'm sure someone who deals with these strikes and lives in Las Vegas has the accurate information.
Evidence to this point, suports and interest in 150 of each new issue, enough for everyone and not enough to discourage the dealers and investors. It's a balancing act, I agree.
|