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Repero

10/04/18 7:54 PM

#147622 RE: Hondo1021 #147619

I can certainly underatan cautious, but buying Jan19 puts doesn't make sense at the moment, the AHA will either be above market expectations, same or below.
In either of these the stock will react accordingly. Why buy puts for Jan, instead of Nov 16?

If the stock jump your puts are worth 0 but who cares
If it stays the same, you have no use for it and can either cash some shares or buy new puts (if you still have doubts)
And if it goes down the puts are there for you,
What kind of added value do you get buying them for Jan?
Throwing money down the drain if you ask me