| Kevin_in_GA 4,599 posts
 msg #82139
 - Ignore Kevin_in_GA
 | 10/30/2009 2:25:21 PM 
 Got it.  I had the same thought - sell off the pieces, not the strangle.
 
 
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| MARY4MONEY 806 posts
 msg #82141
 - Ignore MARY4MONEY
 | 10/30/2009 2:55:39 PM 
 sold at open for a 72% profit on my 15-19 calls andthen sold my puts on  lve 12.5 15 for a loss of 39%- this wasnt a very good strangle
 
 
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| karennma 8,057 posts
 msg #82142
 - Ignore karennma
 | 10/30/2009 3:02:13 PM 
 Nevertheless, M4M ... as previously mentioned, I still feel "time" was on your side on the puts.
 ** If ** the market were to go down Mon and Tues, surely you'd be in profits or at least B/E.
 
 
 
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| karennma 8,057 posts
 msg #82147
 - Ignore karennma
 | 10/30/2009 3:27:14 PM 
 Machismo:
 Congrats!
 If you bot the $12.50 puts (LJJ-WV) during the upside rally, (when M4M was taking profits on his calls - tee hee hee)  you're in good shape!
 I see you could've bot 'em for 0.15 this morning and sold 'em in the afternoon @ 35.
 :>)
 
 
 
 
 
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