Replies to post #106825 on Zeev's Turnips Patch-No Politics (ZEEV)

[caddman]

I was in at 5.60 - suffered through the 3.50's

Got called out at 5.00 on 1/2 of position, from covered calls.

short May 7.50 calls (covered), long Jun 7.50 puts.

If we fill the gap at 7.00 then my 1/2 position will be FREE and I will probably keep it in my core. If it stays volatile then it is a perfect stock to sell calls.

If we don't, I am called out at a profit of 1.90 plus call premium received. Puts will hurt, but have another month for pullback.

caddman