Actually, I'm over my doldrums, and am going to start hunting for
put candidates again tomorrow. All my puts are up, as of the
close today (including GTWXF, I paid $2.25), from what I bot
them for, but I could get eaten tomorrow at the opening. The
sad thing is not getting them sold for big bucks this morning. :(
If you put the right stocks, you can make money in a bull market,
it's just a LOT easier in a bear. In any case, I have successfully
hedged the incredible number of unvested in the money employee
stock options I've got scaring the piss out of me.
Take a look at TXN. I assume they are celebrating, but they are
a long way under $142 per share. I don't think they get back up
there in this thread's lifetime, but if they do, I am going to put them
again.
I think we can assume that no market crash will occur before
the Novemeber expiration. (What do you think?) M Burke thinks
this is similar to the action before the 87 debacle. In what way?
-- Carl |
