Kevin_in_GA 4,599 posts msg #82139 - Ignore Kevin_in_GA |
10/30/2009 2:25:21 PM
Got it. I had the same thought - sell off the pieces, not the strangle.
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MARY4MONEY 806 posts msg #82141 - Ignore MARY4MONEY |
10/30/2009 2:55:39 PM
sold at open for a 72% profit on my 15-19 calls andthen sold my puts on lve 12.5 15 for a loss of 39%- this wasnt a very good strangle
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karennma 8,057 posts msg #82142 - Ignore karennma |
10/30/2009 3:02:13 PM
Nevertheless, M4M ... as previously mentioned, I still feel "time" was on your side on the puts.
** If ** the market were to go down Mon and Tues, surely you'd be in profits or at least B/E.
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karennma 8,057 posts msg #82147 - Ignore karennma |
10/30/2009 3:27:14 PM
Machismo:
Congrats!
If you bot the $12.50 puts (LJJ-WV) during the upside rally, (when M4M was taking profits on his calls - tee hee hee) you're in good shape!
I see you could've bot 'em for 0.15 this morning and sold 'em in the afternoon @ 35.
:>)
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