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Strategies & Market Trends : Aardvark Adventures -- Ignore unavailable to you. Want to Upgrade?


To: jmiller099 who wrote (3448)10/5/2007 10:23:26 PM
From: jmiller099  Read Replies (5) | Respond to of 7944
 
I guess if anyone is following, I should disclose other buys today on this too. A little emotion caught a hold of me as it hit a little resistance.

Bought 10 Oct COF puts strike 75 for 3.10
More emotional play came into the equation and:
Bought 10 Oct COF puts strike 75 for 2.90

Leaves (long):
20 Oct 75 COF put ave @ 3.00
20 Oct 70 COF puts ave @ 1.8375

I came within 5c of selling the initial 10, but at BxA of 2.95x3.00 no one filled my sale. Promptly the stock went on a multiday run. I am way over-exposed than where I want to be with this and likely will remove 20 on Monday or Tuesday. I plan to have an earnings play on some, but that will depend on price action for next two weeks. I am inconclusive on the chart. I guess rangebound from today's high plus a few cents and down to 71.5 or so.