Seeking Alpha
  • Ocean Man
    Bought some weekly $166.50 $SPY calls for $0.49.
    8/15/13
    Reply (12)
    • markrpat: safe to hold overnight?
      8/15/13
    • pablo63: IN: at $ 0.52.
      8/15/13
    • Ocean Man: Most out of the money options expire worthless, so..... what do you mean by safe?
      8/15/13
    • markrpat: Poor question, was wondering if might take profits today vs. risk holding overnight on possible rebound tomorrow. trading @ .69 into close.
      8/15/13
    • markrpat: poor question on my part, that is....
      8/15/13
    • markrpat: OM..sorry, completely misread your initial post, thought you bought PUTS...my bad.
      8/15/13
    • markrpat: I was buying SPY further out puts midday, sickological cross-wire on my part.
      8/15/13
    • NLTInvestor: hmm calls.. looks like you think today was a blip? you dont think a huge pullback gonna occur?
      8/15/13
    • Ocean Man: I will be holding them over 1 night but not 2!
      8/15/13
    • NLTInvestor: icic. i still hate myself for buying BX yesterday.. derp
      8/15/13
    • markrpat: Good one OM, apologies for confusion. Reboot.....I'm all straightened out now :)
      8/15/13
    • wheelz23: NLT, BX is a quality company...add more shares if it continues to dip, you'll be fine in the long term with it
      8/15/13