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Porgie Tirebiter

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Porgie Tirebiter

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Re: running bull post# 2465

Saturday, 05/09/2015 11:19:14 AM

Saturday, May 09, 2015 11:19:14 AM

Post# of 11276
It's me. I sold $8 puts a couple weeks ago.

I started selling RAD puts last April and didn't actually get put into the stock until I got it for $7 last September.

Then I started selling calls which kept expiring worthless as the stock ducked back under $5.

I was called out at $7 (breaking even on the shares) in January, and have been selling $7 puts (which have kept going out worthless) ever since. So I took a chance with $8. Now the market sees an opportunity to punish me by making me buy the stock I sold at $7 for $8.

So, you can blame me for the pull back in price.

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