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Re: bigstocksnbonds post# 171

Saturday, 08/22/2015 4:28:41 PM

Saturday, August 22, 2015 4:28:41 PM

Post# of 233
I'm thinking of selling some puts on this one. Sell at September $90 put at $3.20, and you either buy it at $86.80 (Not a bad price. Much better than the $120 it was at recently) or you get to keep $3.20 per share and never own it. Not a bad deal either way.

Yes, I think I'll watch Monday's action and see if we can get another good drop. If so, I'll hold off. If not, I'll do the put and place a bet below the market that can pay me even if it goes down from $100 to $91. smile
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