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Re: smartone post# 24389

Thursday, 08/20/2015 3:44:30 PM

Thursday, August 20, 2015 3:44:30 PM

Post# of 53416
smartone, ..got worried of fast rebound eaten into my win
there was a slight counter trend that collapsed ..


I don't see anything like a slight counter trend, unless my time period is wrong, just a guess from the time of your posting the puts sale.

And I suggest you look at a LOT of reversals from a steep dive as was the case with AMZN. I think you will find VERY FEW that actually do make such a quick reversal that you fear. Keep track for a while. Or just look at several similar charts today. It's the data. The data, the data, the data.

Edit:

Should I have sold DIS puts when the stock hesitated at 103.5?
At 102? At 100.7?

Roy

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