To think, I thought that July was not enough time. I bailed out of my July 15 puts this afternoon, I almost held them for about 24 hours. I got out at $5.63. Since I bought 5 of them,that is a profit of just over 1K, for a 61% profit.
Thanks for the kind words. I probably left some money on the table, but it will be a long weekend, and 61% for a day, ain't bad in my book.
BTW, I also had 2 Iomega July 50 puts, I tried to get out at 13, but it was bouncing around so much, I ended up with $10.75. I should have held for next week for more of the downward slide but 39% for one day also ain't too shabby with a long weekend.
I am open to other ideas from you, I respect your opinion, and do thank you for your assistance. |
