Hi jpgill: Yes, I have re-entered call positions in JDSU, BEAS, and EXTR in that order. I was already holding a June position in JDSU, having sold only part in the rally the other day, so I added back some to that position.
I realize the school of thought about not holding over the weekend, especially with the doom and gloom stories right now and the potential for bad news over a weekend. However, here is where I do what others say don't do and that is I often buy late on Fridays when prices are down at the bell when others are selling going into cash for the weekend.
Lots of worried folks I know, and you may think I'm nuts, but I'm not worried. I view these times as opportunities. Looking 6-12 months out...... very good in my view.
Remember, I do only options, intent is to churn the positions (except I'm trying to build a larger position in June JDSU calls on dips), and don't do what I do..... risky.
Hope you have a super weekend, jpgill. Always good to hear from you my Friend.
RR |
