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Author: kzeek Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 216  
Subject: Game Stop Date: 7/6/2011 6:20 PM
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New July 6 move closing the sale, makes much sense on a very low call sell price.
Made the Buy to Close the $22 Call weeks ago when it was a smaller loss. I really think we wait too long on these issues, but non the less my question is Why sell the $23 Call when the value of GME is $28 or better this year. The break even is only $27.65 at 4.65/4.75 option, why not the $28 October Call going into Christmas and a break even of $29.50 assuming today's last trade of $1,50 on the $28 option Sale.......You have already lost the premium on the sold call and made the money on the stock you own.
Is the reason out of pocket money you are trading the $4 lose for a $465 premium. Personnaly I would rather give up $4 for the gain in the stock, we are after all at $27. We almost lost it at $22. Great buy by the way on the stock.....
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