Yes, the shares were TAKEN AWAY at the price of $79/sh.
But again, since my goal was to get what I could off the calls and
shares, I did well with that goal in mind.
Yes, its never fun to watch the share price run up $26/sh and know
you really get 'none' of it once it clears your strike price. But the greater
concern is buying the shares at say $106, selling the covered calls for $3.50
plus some and have the share price DROP $26/sh.
So again, happy to have made 'what was intended' and now I live to start another
battle for gains. Was really happy with the share price floating around in small price
ranges. Now with this move? The question becomes, tomorrow morn, does
the market keep the momentum going or is a pullback likely??
Just doing a little looking, IF I sense a pullback? I may grab some of this Fridays
$115 PUTS for around $12/sh... Break even would be $103... And likely IF a pullback
does start, given the magnitude of the move up? Should be able see the price dip back
below $100/sh. That would give me a $3/sh gain and I would be happy with that.
Good luck.. see what tomorrow morn brings...
As far as 'ridiculous' goes? All comes down to the REASON why it ran. What
justification did it have for expanding the market cap around $15 BILLION??
IE, what 'deal' or contract or did they sign to justify a $15 Billion jump in the market
cap? To be determined...
Market Data 
Markets 
AI
