Voltaire:
No guts no glory!!
1. The way I look at it: If Q goes up, good for us, since out portfolio goes up, hence more capacity to sell option. If Q dips, good for us since the pit premium is juicier. What a country, what a stock.
2. I am a l/t holder of Q, I will hold the stock until it will split and spilt and split again. But should we just be complacent watching the stock appreciate and cheer and laugh and sit in our rocking chair telling the neighbors about Q story (I am sure our neighbors who do not own Q are already sick of us wearing the smirky smile every morning!!)
Well, if one will do some work, take advantage of that treasure, i.e. Q in our portfolio. Sell options, generate cash, use it to buy more Q while the treasure appreciates. Let MM's pay us, take the money.
Anybody out there willing to buy Q at $ 250/sh by Dec 17? Anybody say Yes? Good. I give you some money for your willingness to do that. Is there any risk? Of course there is. Just evaluate the risk/reward using subjective probabilty and the payoff associated with that. Then calculate the expected value for each action. Decide accordingly.
Voltaire, I am loading the barrell as well.
Best regards
Paul |