Depending on your tax circumstance, you may want your stock called away so it preserves your long term capital gain instead of selling the put which would be short term and potentially taxed at a higher rate. Anyone in this position should consult with a tax advisor prior to doing anything next week IMO. Message boards are not consultations with tax advisors btw.
Message In Reply To: mjplife11,
If you bought puts they can't take your stock. You just sell the puts and in this case you will have a nice profit which will cover your losses in the share price.
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