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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?


To: Bridge Player who wrote (5782)8/29/2013 12:55:46 PM
From: Delfino R Zavala  Respond to of 5891
 
Bridge

I also have some long stock and a few put positions on WLT. Besides the insider buying like you mentioned, I also noticed the short interest increase from last month and its over 40% of the float.

I imagine that is why the SP fluxuates up and down and does not sustain any upward momentum.

It appears to have a narrow trade range.

At the moment, my positions are defensive, trying to get back to overall even.

Delfino



To: Bridge Player who wrote (5782)8/29/2013 11:44:36 PM
From: Robohogs  Respond to of 5891
 
One of my net longest stocks - bit flatter than desired but worried about overall mkt. been taking modest hedging losses along way to keep shares unencumbered. I do believe stock will recover nicely just not as far as folks think.

Jon