Replies to post #44608 on Options Wonderland

[The_Free_Nebula]

I am with you...I did not sell my contracts either...got them at 30 cents...But the chart shows a black candle on 3 x avg trading...I believe we have an exhaustion scenario and the gap will be at least partially filled some time monday or Tues...I wont be able to watch it monday so I set a sell to close limit...My problem is learning how to calc a projected put price...as opposed to taking my WAG of $1.2