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Author:

Jam ok

Subject:

Off Topic

Date:

04/23/20 at 2:13 PM CDT

 

 

READ: 4

RPLY: 1

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Sentiment:

Neutral

Reply to:

MSG`#5067,`04/20/20
By breinejm

 

Re: Sold CIEN calls

Jon,

I cannot freaking believe your timing. The day it was flying, I was seriously mulling calls when the market session closed, and hoping the next day I could squeeze a bit more out of it, since it closed near the highs. Of course, having gained 5% on the day  you wrote calls, it caved 5% the next day. If you sold your soul to the devil in some Faustian bargain to sell calls at the high, at least you're getting a good price for it.

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