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Replies to #479 on Snack info board
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Lord DarkHelmet

01/06/11 12:56 PM

#481 RE: Jedi RDHLightHelmet #479

I did. I closed out of the spread. I didn't lose too much money on it...I waited till about 11am to cover the 62.50's and sold the 65's around noon. I didn't have too many contracts. I have quite a few on my RIMM PUT credit spread. I probably could have just hung on for a little longer...but I don't like the action RIMM is doing right now on the upside and I want to get rid of that exposure.

I also opened up a position on AAPL 320/310 Jan PUT credit spread a few days ago. I added to it today after I freed up some margin after covering those RIMM 62.50 Calls.

jmo imo