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Re: DJinNJ post# 14455

Thursday, 11/29/2007 11:07:40 AM

Thursday, November 29, 2007 11:07:40 AM

Post# of 22174
The puts give you a better chance of making $$ but limited. The problem here is that we are trading at 52 week lows and have broken support. Technically that presents a problem the longer we stay down here......thus the puts make me nervous if we get follow thru selling and a further run to 52 week lows. So I am staying with the Jan $15 calls.....even if the stock gets smashed down to 14 in the next week or so, these will still retain most of their value. That does not mean I expect that to happen. I am just playing it safe. I have not added today but did yesterday at a buck......
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