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Post# of 90877
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auroradude

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auroradude

Re: auroradude post# 1706

Thursday, 10/28/2010 10:35:31 AM

Thursday, October 28, 2010 10:35:31 AM

Post# of 90877
ENTRY IS EVERYTHING in options!

Said it before, and I'll be saying it again!

Remember my buy on LOW calls from over a week ago? I have sold many but still have some. I would have had to dump them for a decent size loss had my entry into this play not been good. It has been over a week now so I have lost a good amount of time premium. The stock price is currently less than when I bought the calls. I should be sweating bullets on the rest of these calls, but am not because of my entry price!

I got them at .07, and the ask is currently at .06
So with all the time premium that it has lost and the pps less than it was, I am still ok with my remaining calls.....thanks to my entry!

But I still want to sell the rest of 'em, like NOW haha!

Visit my Education Board ALL THINGS MONEY- stocks,commodities,options,currencies...For people who are new to markets and pros who want to sharpen their skills or broaden their scope.
http://investorshub.advfn.com/boards/board.aspx?board_id=18767

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