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Sheep

02/12/14 9:20 AM

#1008 RE: Ned Serious #1007

Yeah an IRA or 401k you can only do covered calls. I ended up getting some VTUS at 1.59 today. My thought is that the sell off is too much given the big institutional ownership. I plan to hold for a few week or until I recoup my losses. I am only down about $450 on my calls.

Please don't follow me in on this one either lol, just rolling the dice and I think there is a better chance for this to go up vs. down.