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S&P 500
5,537.02
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0.51%
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US TECH 100
19,688.40
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0.24%
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Post# of 83010
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SamsaricSufferer

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SamsaricSufferer

Re: xtremezz post# 56327

Monday, 01/07/2013 2:07:28 PM

Monday, January 07, 2013 2:07:28 PM

Post# of 83010
It has got to fall sometime RSI >80 today. I am holding longer term on this one. Sold some FEB 70 calls against my common. I know the old saw about you are assuming all the downside risk if the stock tanks but that is BS. If I want to sell the common just cover my calls for less than I paid and flip the common out. One extra transaction is no biggy.

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