Now that we're at 38 are you going to continue holding puts? I closed mine out at the end of yesterday, too early once again but a nice profit still. What do you see for the rest of the day?
buying opps everywhere......buy signals going crazy right now.....look at the obos being pressed pass -2000....if that don't scream buy opp i dont know what does.....look at the 39 calls .....popping in at 20 and out at 25.....late day rally will launch this thing up into the 38.40 range hopefull and it may stick....got out of my puts also late yesterday but im a daytrader....its dangerous for me not to close out my position at days in because i could get clipped the next morning with any stupid announcements from a lot of those analysts.....feel free to hold on til next day if you dare....but remember never veer from your discipline ....i learned an early lesson and i won't dare to get busted up twice!
holding for .15....but will go in at .20 if i have to!
expiration week is gonna be a lot of fun......nickel entries will turn into .30 exits.......get those triggers hot!
I'll certainly be OK with that. Keep me posted on what you do. I've got some 38 calls that I'll hopefully close out nicely today.
i'm retreating at .25 on those calls....market too flimsy and punch drunk can't get any legs so im taking what i can get and leaving!
dang should have waited for rally.....would have made 300 big ones!
"dang should have waited for rally.....would have made 300 big ones!" yeah I know....I had some 38 calls from mid morning at 50 and I put in a limit at 70 becuase I had to meet someone in early afternnon. I came back with it executed. I was happy with the gain but ask was at 80-85 when I got back, if I remember correctly. I was already done for the day. What are expecting to open up with?
<<What are expecting to open up with?>>I'm expecting the market to realize that short term profit takers are on board so no matter how far the market pumps itself up....profit takers will take it back down.....if market opens up and gains momentum then the 38 puts will be my position....i may even grab some 37 puts but that depends on how fast the market is moving....meanwhile if we open up on a downward slope like today then i'll play it pretty much the same way as today!
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