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Johnberchick

11/29/07 11:07 AM

#14457 RE: DJinNJ #14455

The puts give you a better chance of making $$ but limited. The problem here is that we are trading at 52 week lows and have broken support. Technically that presents a problem the longer we stay down here......thus the puts make me nervous if we get follow thru selling and a further run to 52 week lows. So I am staying with the Jan $15 calls.....even if the stock gets smashed down to 14 in the next week or so, these will still retain most of their value. That does not mean I expect that to happen. I am just playing it safe. I have not added today but did yesterday at a buck......