Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (3971)	3/30/2016 1:23:28 PM
From: John Pitera	Respond to of 26469

It's currently better to be long implied volatility since it is so low.... be it puts or calls.... a passing thought.

To: robert b furman who wrote (3971)	3/30/2016 1:29:12 PM
From: Return to Sender	1 Recommendation Recommended By Kirk © Read Replies (1) \| Respond to of 26469

An excellent discussion on SUNE and the use of options guys. Personally I don't think any of us wants to own any SUNE ever again. The company is way too leveraged with no sign of ever being able to achieve profitability without borrowing more money which no one will loan them now. I might be wrong and SUNE could manage to crawl out of the huge crater current shareholders find themselves in... Regardless, this discussion on options should be continued on any stock worth owning longer term as I for one can definitely benefit from your collective knowledge. Thanks, RtS

To: robert b furman who wrote (3971)	3/30/2016 3:18:45 PM
From: Gottfried	3 Recommendations Recommended By 3bar mary-ally-smith Return to Sender Read Replies (3) \| Respond to of 26469

Bob, thanks for the reminder "Never sell a put on a stock that you would not want to own." But that is not enough, as I learned late in 2008 when C was put to me. It kept dropping and I took a large loss. I'm proud of taking that loss because C is today still under the price I got - 7+ years later. Hindsight tells me I should have had a sell trigger after being put. Another error we often see is try to make up for a paper loss with the SAME stock. Why not sell the loser and choose a stock with better TA