I sold a bunch of the $12.50 puts today, expiring this Friday. SO yes, I was thinking that way. But i took it a little lower.
As for getting back in, no, not yet. But if I get put the puts in two days, I'll be in the stock in the low $12's or even upper $11's. Yes, I thought about getting some at $12.95 today, and maybe should have gotten in, but I'm on the road the next two days and didn't want to be in while not able to watch. Still, I sold the $12.50's and I'll stop and watch right before closing Friday to see if I need to do anything with them at that time. Picked up a few grand off those, which I hope to expire in less than 48 hours. Or I'll accept the stock, or I'll roll them. Never know until last day. Still own a bunch from my previous buys too. Closed out the $5 calls, as i mentioned a few days ago. At a large loss, but still was a good move. And still stuck with some too. Will make money, but left a lot on the table.
Good luck. I'll be back checking 30 minutes before closing on Friday. Driving to Palm Springs to pick up a Guide Dog puppy to train over the next 14 months. My 9th. Then driving back home. Ab out 2,900 miles in 2 1/2 days, but I like raising and training them for blind people.
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