Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Updated SMHB Blowout Update (Updated Again 9/20)

|About: AbbVie Inc. (ABBV), SMHB

Being positive was not good enough.

Decided to squeeze every last drop out of it.

So I rolled it up.

So it was one of those days where I could not let well enough alone, so I rolled those 600 9/27 ABBV $70.00 Puts to 9/27 $71.00 Puts:

Why'd I climb that mountain? Because it was there - DUH! and because ABBV was looking stronger than it has been, so why not?

and that positive price movement came on a crappy day.

Net credit on the rollup:

ABBV 9/19/2019 $11,560.99 Roll 9/27 $70.00 Puts to 9/27 $71.00 Puts


Still holding onto that SMHB and praying for a recovery????? It ain't gonna happen.

Get with the program - God helps those who help themselves..

UPDATE 9/20/2019: Rolled it up again!

ABBV 9/20/2019 $13,960.92 Roll 9/27 $71.00 Puts to 9/27 $72.00 Puts

YRMV by how long you sit on your thumbs

Disclosure: I am/we are long EVERYTHING.