Yep....and the bulls seam to be in control of it too.....those puts I bought for $1.25 went to $1 within an hour of me buying them, ouch!
I realize I'm definately going against the trend with this bet, but I just can't see how it can maintain that frothy valuation. Maybe I should have given myself a bit more time on my options for the fundamentals to play out, but short-term options have the lowest premium....and the best leverage for short-term price fluctuations.....it's a gamble....and I only made a small bet.
I've just seen lots of stocks get hammered on earnings recently....and I can't see how anyone would be excited about the $0.15 EPS for a $28 stock.
"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854