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MB, TXN's definitely given me a gift from the heavens. AOL, pizza shitta that it is, still hasn't crashed, of course, but it is down. I keep telling myself that I'm going to just sit on the TXN puts for another month, but might not wait that long. Personally I'm amazed it ever went up like that. Oh, well, if I'm forced to wait and buy a Lamborghini instead of selling now and buying another Buick(actually I've only got 7 Jan 90's on TXN because I take small bets), so be it. What I've got on TXN is some Jan 90's bought at $1 and $.75(or 1 1/8 and .75, I forget; I remember I tried for $1 but don't remember if I got it). Also have some MU Jan 30's (all bought for 7/16 when the stock was at 52-53 during the first crash). Anyways, do you think its a horrible idea to wait before even thinking about selling; what I'll probably do is just sit on the MU puts but hedge somehow if the stock goes low enough, and sell half the TXN position. Bad idea? |
