Hi Keith: In response to your question, I'd sell them as soon as you get a bump up. They are far OTM so I wouldn't wait. I'd take whatever profit you are considering in your style of investing and when it gets there, get out. I wouldn't get greedy. If JDSU has a reasonable run in the next week, I'd get out. If they are that good, you can always go back in on a dip.
OTM vs ITM, as I've said before, each person should develop their own style, their own strategy, their own plan. What works for one person may not work for the next. Consequently, hey, if you like the OTM options, and can be successful investing in them, then great!
EXTR.... yes, still like it very much. Also, JDSU is still my number one position.
Good luck!
RR |
