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Non-Tech : Kirk's Market Thoughts
COHR 141.34+2.3%1:54 PM EST
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To: robert b furman who wrote (3738)1/15/2016 3:33:04 PM
From: Kirk ©1 Recommendation

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BTW, I added to a position today at a level dead center between two option expiration prices.... I still have an auto buy should that price hit next week or month but we might have dropped BELOW that last option price just due to general panic today so I wanted to use cash to buy. If I had all my cash tied up to back sold put options, I would not have this ability. AND I am NEVER too arrogant to think I can leverage up with margin to call a bottom... I've seen too many lose a bundle this way.
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