THQI may drop back down to $25-$27, then begin a healthy and steady climb towards $41, all within the 3 week time frame - Just my thought aC.
I purchased Sep35 puts (not much) just as it topped prior to earnings, and sold them after what looked a bounce off an ensuing $9 or so drop. I did so to hedge the long-position in the event something unlikely occurred, and second to capitalize on what has become commonplace. I don't know how much harm really comes as a result of all this, especially since like you, I've dug in for the long-haul.
If you can't beat em milk em (but don't join em)?
I would like to hear any input on options and the stock price, how it compares, anf how it is different than actual shorting of the stock.
RUGRATS, JB
P.S. Disney relationship is rarely discussed here, but it is becoming a nice safety net for earnings. Nothing spectacular, but a very nice cushion to land on :o) |
