<Gary, as for your 30 puts, they have virtually no chance of expiring in the money, so
I'd look for an interday low on Monday (preferably) or Tuesday.>
Carl,
Thanks. I've only 10 puts, and I'm treating them as kind of a joke. As you advised, I am going to sell them on Monday, latest Tuesday (but only, of course, if the $ to be received exceeds the commission to be paid).
Tim Luke suggests ASND will go up this week. I hope he is correct. Regardless, I'm mentally resigned to a decline to as low as 25. I hope it doesn't happen and I don't think it will. But I will live with it if it does. On the up side, I'm inclined to prefer that we hold steady and just creep up slowly until earnings are released. I wouldn't want earnings to undercut a rally that only just began (isnt that a song, "we've only just begun")?
Good luck tomorrow, all.
Gary Korn
P.S. Upon reading this post, I have to ask myself why in the heck am I "resigned" to a decline to 25? Why? Because I think it is a load of c__p that this stock is at 35 now. The decline was much steeper than warranted by any real "news." It's on sale at 35 and I'm keeping the sale items. If it gets marked down some more, I'll pick up more at the right time. It'll go up. |
