Re: update on the June 40 si. put / SOLD/Ronbo

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In Response To: Re: update on the June 40 si. put / SOLD ()

Hi Ronbo,

Congrats !!! Not too shabby for 4 days work and you weren't pushing a "shovel" either !!!!

On the July 35 Put:
Just testing my logic on you here, you know better than I.

The SI drop may be inclined to take a "breather" here.
Not knowing what you bought it for, would it make sense to Sell it on first sign of a bounce in SI and go back after if it still looks like SI is going to continue on south ??

On the other hand (with 54 days left), a little bounce and then heading on down likely won't let you establish a "new position" anywhere near as good as what you've got !!! Dilemmas !!!!

Just thinking out loud on this !!!

Good Luck
Lee

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Re: update on the June 40 si. put / SOLD/Ronbo

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