Seeking Alpha
  • Ocean Man
    I sold a bunch of VOD puts a while back - need it to stay above 27 thru Friday.
    11/16/11
    Reply (8)
    • REIT: easy above 27, just pound falling its worth the 27 any day
      11/16/11
    • Ocean Man: I'd be happy buying it under 27, but would rather sell Dec puts to do it.
      11/16/11
    • TruffelPig: I am likely going to get LNG - I wanted so I wrote $12 puts.
      11/16/11
    • Ocean Man: A great strategy on stocks you want. Especially on dips while the price is lower and implied vol (premium) is higher.
      11/16/11
    • TruffelPig: If it wouldn't be this week I look around for some puts to sell - but I like to wait for after Friday to see what I have to assume.
      11/16/11
    • TruffelPig: I wrote puts early October when we were in the hole - CGNX and the such. Good money :).
      11/16/11
    • Ocean Man: I agree with making sure on the Nov's before selling the Dec's. Nothing is for sure ahead of time in this crazy market.
      11/16/11
    • realornot: Looking ok to stay above 27. It can rebound to 29 or higher if mkt permits.
      11/16/11