• OneLongTrade
    Another red day for CRM. 4 in a row. It bottomed in June around $125, so it may end up finding support there. May cover half my puts then.
    7/11/12
    Reply (6)
    • OneLongTrade: Still see the stock heading to $105ish at some point by year's end, sooner rather than later methinks.
      7/11/12
    • Sunil Shah: onelong, momo is definitely broken and valution support is nowhere near $90. so why would you cover dude . . .
      7/11/12
    • OneLongTrade: Covering half. Funny thing in my trading history, anytime I gain 100% on any of my option plays, if I get greedy and keep it on, I have
      7/11/12
    • OneLongTrade: never made that money back, even if I held to expiration. That being said, I'm happy holding the other half until it gets near the low $100s
      7/11/12
    • OneLongTrade: Right now the puts are up 89% since 7/05.
      7/11/12
    • Ocean Man: I would cover 1/3 or 1/2 up 89% every time.
      7/11/12