I think you will get a second chance. Next time XRX goes over 85, load-up. Perhaps it is better to open a token put position on a day with VIX below 35. XRX has potential to go sub 50 by January. Then again, it may not if there are enough suckers left to buy.
Among others, take a look at VOD. I haven't looked at it closely enough to recommend puts. You can find some good short/put candidates from this list. #reply-5744996
My favorites: XRX puts, short DELL and CSCO (puts on CSCO too) on new highs, December or beyond puts on IBM and GTW, Jan or beyond puts on GDT, short MU and ETEC above 30, AMAT above 27, short LLTC above 50, puts on SAI and EMC. BEfore you press the buy button, do DD and your own research.
Right now I have puts KO, XRX, IBM, GDT, BSX, GTW and CSCO.
-MMV |
