Replies to post #44934 on Options Wonderland

[farooq]

Thanks for good chart, I think it is trying to test 12 $ area before pull back. I could be totally wrong as I was many times in past.


Farooq

[leemalone2k3]

Ok, I was put the stock Saturday night. With the .75 premium I brought in, i effectively bought at 9.25. Sold them all today averaged around 11.50 for a nice scalp. :)

I also sold some naked May 11 puts at 2.45. If Im put the stock, will be buying at $8.55. I may continue to sell more puts. We shall see what we shall see.
:O