SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Options
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jimbo who wrote (5246)3/19/2000 12:01:00 PM
From: Jill  Read Replies (1) of 8096
 
I bought them back at a loss. I really intended to wait it out since it's April. And it might well get back into 230-250 range. They were 260 puts, I might have even skated by if lucky. But I did not want to do the usual repair--i.e. buy back and roll out, because this is one case where I really did not know when the stock might recover, and I didn't want to set aside margin capacity for that long (capacity I could use writing other puts) when in truth I realized I had made a mistake. Psychology ruled here: I just wanted to get out of my mistake and move on. So I cut my losses (UGH).

Thank God I only wrote 2 puts.

So that's enough of biotech. It's not "comfortably" volatile like the NAZ. (LOL)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News