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Biotech / Medical : Arena Pharmaceuticals (ARNA)
ARNA 99.990.0%Mar 15 5:00 PM EST
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To: wolfgangrene who wrote (2217)2/20/2014 7:21:09 PM
From: The Ox  Read Replies (1) of 2274
 
Hi wolf,

If the plan was to make X or hold until expiration, then there shouldn't be any second guessing involved, IMO.

If your cost was Z and the plan was to hold until it made Z+Y or they expired, no biggie.

If the plan was to hold until the price of the option fell below a specific target but you chose not to sell anyway once it fell below that level, well that's one you need to look at and make a change.

Trade the plan, have the parameters in place and work from there...
If I have one specific trading failing, it's that stubborness of holding til 'death do us part'.
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