Mike Gordon,
Figured you had to be watching the tape if you traded naked options. Better yet a wife that knows how to watch the tape. I don't have that situation. I have to be more conservative, and prepared to pay the price. I tend to go out a longer and close my positions out when the opportunity presents itself. The April and July options were in place before the split. The one position I closed made nice dollars. I couldn't move on a timely basis to close the other open position when the opportunity was there. Your situation is such that you could have closed it. Hope the opportunity come up again before July. April is just plain shot IMO. Win some lose some.
Mike, for the plan I am committrd to, D would be a dream to totally fill my target holdings, but not happening. C is no real opportunity in my mind, and possible, but unlikely. B some opportunity that I will add if things feel right, and strong possibility. A is a definate addition to holdings, and a reasonable possibility.
Hope you made it to the beach this time. Going to watch golf in a few. Watching the small balls.<G> That was good van wang!
NW |
