Doc,
Here's what I did. I sold my long from last week, yes. I then REBOUGHT at the turnaround at 179, and I bought double the quantity I sold.
I like this deal and the premium was huge this morning. After I quickly did the math, my sale was not too smart, but I caught my mistake (profitable mistake), and recovered my balance to re-buy just as low. Frankly, I wanted to capture some of that juicy 16+%.
I still OWN both AMKR (which will probably be called at 30) and TER which will CERTAINLY be called at 50 (after rolling the 40's). I should learn to follow my own advice and stop writing calls on stock I like and have researched to death. I liked TER for the semi play and the test-equipment play.
I still have PUMA. Wrote the 120's to mitigate the drop (got almost 8 for them). PUMA will return big to the upside from here. I also own XTND, in the same segment. Both are going to be leaders in this space.
As for PUMA, the CEO interview on CBNC (which I also saw....) was probably not his best. However, the company has some really super products and will be a force to be dealt with in this space. As you know, XTND has been a stellar performer, and will still move up (IMHO). Remember, that Bluetooth stuff is on the edge of being the rage!!
Best to you doc.
Steve |
