lt cap,
Thanks for the input. I looked at options, about a month out,
and at a strike of $3.50, the premium was about .22. Given the
amount of shares I had, that would be of some
significance. But I also looked at today's range - $3.50 low
$3.61 high - and pondered how low it might go with no immediate
drivers. And, I thought the Marketplace article I
posted on the reasoning behind a slower rollout of 5g than
expected (their prediction is that things won't really start going
mainstream till 2022) was interesting, and made
some sense. So, in the end, I just decided to cash out at
$3.60.
Curiously, CIEN is trading at $36.35 - I don't think it's been
that low in a while. I'm tempted, altho the boat is loaded.
Typically, they've slumped with reports like the one
NOK came out with, although last CC they did warn about margins.
I think I'll take a look at what call premiums look like so
far.