Boca_Bobby Basics

[Makamai]

It appears you somewhat misunderstood my question, however you answered it when you said "So after the PPS hits our $20 figure you have posted and we sell our CALLS for $15,000, we immediately buy back the $10/PUTS we sold. It doesn't matter the price since it will be lower than what we collected in the first place." That was my thought, to eliminate any chance of future exposure if the market tanked or the stock tanked, rather than letting them ride and hoping they expire worthless. As you said just let the $5 puts we bought expire or if the stock tanked we could make a few bucks off them.

Mahalo
Makamai