hollowman

Behind the Curve of Potash Prices

I have had several positions in POT, and this stock drives me batty when I'm in it. It's the manic-depressive of the stock market, and swings widly. I find the only real way to play it with some sanity is to wait for it to come down to about $140 and then sell the put a bit higher (say $145). Then if the stock is out of this range at op ex, you can use the premium to buy a put when you purchase the stock.