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investingdog

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investingdog

Re: EYEBUYSTOX post# 111257

Monday, 02/11/2013 10:16:16 PM

Monday, February 11, 2013 10:16:16 PM

Post# of 345858
<< I'm doubling my position through March calls if there's no news by Friday. >>

Is this your trading strategy - buy current month at the money or slightly out of the money calls and repeat the process next month if those expire worthless? Suppose we don't get news for 3 more months - it could get expensive to speculate that way.
I've been selling Feb $2 and $2.50 calls last few weeks on about 30% of my position to lower my share price. In 4 days we will know who made the right move. Good luck to you.
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