Mike,
Maybe you should take your remaining certs and put them in control of your attorney, with instructions not to let you mess with them unless a majority vote of the thread gives you permission.
In all seriousness, calling tops under these circumstances is not easy, and being hard on yourself is. If SFE goes beyond 400 in a couple of months, I'm going to be having similar feelings, despite a much shorter relationship with the company. I hope everyone braver than we is justly rewarded. That's a little two-edged, isn't it? Whatever.
Edit: Mike, I don't recall the 280s being there a few days ago, either. Under these circumstances the options exchanges do not waste their breath announcing every new strike. You just have to pay attention because they just keep adding them as high flyers go up. I looked this morning once I got my thinking straight, and there they were. I intend to hedge with calls until an IPO with big mojo is a couple of months away.
still learning,
Now that I'm going to be trading a hedged position short to intermediate term, you and I are going to have similar time scales wrt the way we view SFE. I'll be trying to call bottoms and tops every couple of weeks for the purpose of rolling my calls around. Want to pool resources/share thoughts, such as they are? Anyone else out there with a similar time horizon?
Cheers, & Luck o' the Irish to All,
Tuck |