Off topic/options, atvi chart, random musings...
Hold them til Feb and you start making money at 13 5/8, no thanks...but of course you wouldn't do that-- I'd hold them into a summer rally (hoping) and get out with all your premium intact. But with no summer rally you ought to be able to get out in a few months will nearly all your money, sounds pretty good, don't think there is too much downside to atvi anymore, seems to be building a base at 9 1/2, but kind of low volume, thoughts? quote.yahoo.com
(I'm waiting to get back in to atvi when it has proven to have found it's base...most stocks I like I just buy, I want to have a position at all times in those biotechs, atvi is an entirely different beast for me, maybe trying to finesse it is a bad idea, but I think I can wait a little longer...)
I don't play options anymore, I lost my limit this year (a couple grand, no biggie) and on paper I would have wiped myself out on Amazon puts, hehe, best trade this year were the puts I never bought.
Of course half my stocks are flirting with my mental stop of minus 20%, so what do I know! June has been a rough month for me, hope July goes better, for me and for ATVI. |