Sunday, February 11, 2018 10:26:30 PM
NetN,
You may have the feeling it may open lower and it could, too much time before open, but your position was painting another picture.
I am assigned boat load of shares because I wrote 266 puts near bottom, as long it remain above 254 I should be OK. I thought we will hit it in the morning. Seems difficult at the moment.
I am long 255 Puts for 16th, did not bought calls because of premium was high, long 260/270 call spread and long 263 calls initially wanted to short it at 263.
You may have the feeling it may open lower and it could, too much time before open, but your position was painting another picture.
I am assigned boat load of shares because I wrote 266 puts near bottom, as long it remain above 254 I should be OK. I thought we will hit it in the morning. Seems difficult at the moment.
I am long 255 Puts for 16th, did not bought calls because of premium was high, long 260/270 call spread and long 263 calls initially wanted to short it at 263.
Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.
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