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If you sold 2 months ago that means you must have sold around $32- yet even after the fall after hours they are at $34. Not sure that makes you right
My advice late last month was to sell March $40 covered calls at $3.00- so pocket $3 cash to hedge any downside whilst maintaining an exit price 20% above the recent high at $43( including option premium) Using derivatives to hedge seems to have been better than selling on this occassion, and if the market falls further I can buy out my covered call at cents on the $ Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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To the posters who refuted my calls to sell this stock ...
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jptgatorkid | Rate it | 5-Nov-09 10:46 pm | ||
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Re: Victory is mine!!!
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blousonblou... | Not rated | 6-Nov-09 02:47 am | ||
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One should avoid giving direct personal finan...
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jptgatorkid | (1 Rating) | 7-Nov-09 03:08 pm | ||
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Apply your strategy. It is one to yield 20-40...
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auriculatus... | Rate it | 7-Nov-09 03:19 pm | ||
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Ok not that I saw this but you were calling the st...
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robertw4771 | Rate it | 6-Nov-09 07:55 am | ||
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Congradualtions JP!!
Maybe those that bought in...
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cat_man_doo... | (1 Rating) | 6-Nov-09 08:50 am | ||
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Hey doodoo, think of the imperative of a verb...
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auriculatus... | Rate it | 7-Nov-09 03:21 pm | ||
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Ha ha
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cat_man_doo... | (1 Rating) | 8-Nov-09 10:15 am | ||
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No, that's not it!
35 or higher ...
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auriculatus... | Rate it | 9-Nov-09 08:13 am | ||
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PEG ratio greater tahn 2 - no ...
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cat_man_doo... | Rate it | 9-Nov-09 01:45 pm | ||
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Apparently a lot of inves...
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silent_race... | Rate it | 13-Nov-09 04:44 pm |
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