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Re: hondobud post# 11870

Thursday, 07/09/2015 10:56:50 AM

Thursday, July 09, 2015 10:56:50 AM

Post# of 38634

That's pretty optimistic.



I believe your confusing what I have - I don't have calls, I sold PUTS @ $7.50 which means I gave someone the right to PUT it to me for $7.50 - unless the stock is above $7.50, I will definetely be PUT to me.

ps - my average sell is $5.60 - so effectively my cost for the shares is $1.90, and... I've had ~ $250K of somebody's money to work with for about 6 months