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Hi Leo: Glad you asked, see I didn't pay much mind to march, likely wont, but now I know why, my screen does not show march 30s it starts
with 35s and goes to 45s , so i jumped to april were there were more
choices for me to pick from, the march puts i do see at this time look a little over priced to me, may have been good a week ago..keep in
mind the puts are not tied directly to the stock price but have
a supply/demand side all their own..( until close to the ex date )
then they start to mirror the stock price really close, ( if they are in the money ) so what I'm saying is march seems to have bigger demand side right now put wise than any of them, and so I'm looking at april, 30,puts but you better get there before me monday morn <G> as after
i put in my order they will likely go up..how ever if they go up
before I get to put it in I'l find another strike price..they
closed at 2, and i wont pay a cent more than that for them,
monday..at this stock price, .but I have to see the open, and if she,
gaps down, or gaps up that will allow me to adjust my bid..
I expect a 1/2 point gap down right at the bell, and if that
happens I may grab them up to 2-1/4..have to wait and see,
right now i'm mostly trying to figure out at what point
and were i want to open my hedge with calls, think i got it
but not going to put that on line before the fact <G>
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JIM |
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