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Re: bbotcs post# 6805

Friday, 06/15/2012 3:40:30 PM

Friday, June 15, 2012 3:40:30 PM

Post# of 10861
ATPG +1.43 to 5.46, it's a buying frenzy ... I just closed out my June short put position and rolled them over to July at lower strikes .... so the same exposure in terms of number of shares, but at a lower cost basis.

Put premiums are huge, which makes writing them so tempting .... I couldn't resist, even though I may regret it in a few weeks. The stock may be back in the dumpster by then. LOL

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