Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
Well, you're gonna have to give others a lot more credit than me, Vince. I only opined positively after seeing that massive buyback authorization, which they wasted no time in using. That's the kind of bold move that I like.

Congrats on the trade, though! It's fun and really satisfying to let the put buyer pay you to own the call option (or part of one). But it's probably the right move to cash out once you got your stock move, even if there's potentially more upside. It's way too easy to get burned waiting on a home run when you could have settled for a triple and still been happy. :-)

Jim
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.