Replies to post #17 on Deep In the Money (DITM)

[prado]

JCP Puts: After observing JCP again today it appears that the continued accumulation and/or short covering is directly tied to the overall market performance (i.e. if the dow ticks up, JCP ticks up, if the dow downticks, JCP downticks). I'm beginning to wonder if we will see a flush out here even though JCP is extremely overbought. I'm willing to hang in there for the moment to see, since I'm still well in the green. However, every day I have to stay in this one costs money, so I will re-evaluate my position here after the bell today. GLTA