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researcher59

06/12/12 11:44 AM

#6770 RE: bbotcs #6769

ATPG - I don't currently own any shares, but have a bunch of naked puts outstanding that I'll likely get assigned on at expiration in June, July and September, strikes $4 through $7.

If everything gets assigned and adjusted for past trading profits, my cost basis will be around $4.80 in a 1%+ position .... so not too bad. It may become a tax loss sale for me by year end .....

I could buy back my puts now, but have decided to hold for at least a while longer .....