News Focus
News Focus
Followers 163
Posts 20152
Boards Moderated 0
Alias Born 07/08/2002

Re: seward post# 65565

Tuesday, 06/22/2010 12:23:18 AM

Tuesday, June 22, 2010 12:23:18 AM

Post# of 77489
Hi, Hans. Yes, I hate when that happens, and it seems like it happens all the time, LOL. I'm still holding my BP July30Puts I bought on the 16th for 2.30, which is exactly where they closed today -- dead money. Not looking good, I'm afraid. Seems I do fine when I sell, less fine when I buy. I lost track of some naked Jn45QQQQ calls I had sold, and the shares got called away last Wednesday or Thursday (first time that ever happened to me before expiry, guess they were just toooooooo profitable for the buyer to NOT foreclose on me, LOL) leaving me with a short position, so today sold some Puts which I could hold to expiry, use to cover my short if they're ITM, and still make some money on the deal.

Newly

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today