>I would strongly advise you to consider changing your strategy and start selling naked calls versus buying puts<
Can't right now. Not doing the donut in my margin account this year, using IRA rollover account. Used up margin account cash buying sweet wife that Christmas surprise PT cruiser with last year's KKD profits. Sizeable Rule 72T distribution to margin account coming up next month. Maybe then. I've got the balls to buy TYC short the donut, but don't have what it takes to tell the wife I need some of her cash stash cash to tide me over. No mas. I don't want to go through that explanation with a market illiterate. She's sweet and a great saver, but a kkdgirl she ain't.
That is the plan for my next short entry as well. BTW, do you have any idea where did that IDIOT get his numbers for SI, I know that my numbers are good.
I would strongly advise you to consider changing your strategy and start selling naked calls versus buying puts. The reason is that SLEAZE BUNCH controlling this POS won't let it go in free fall and as long as this premise is true you are better off selling premium than buying it, just my opinion.
well, seems your theory is holding up today, This stock can be $$ maker for traders, long or short. And who can disagree that long-term longs have had a heck of a ride? Might be prudent to at least take some profits?
(will try to avoid sounding like "cheering or sneering.." And skilune is very grateful for luck so far in shorting the donut.)
Well, longs have been grateful for all of the shorts since the IPO, so that seems more than fair to me. Be careful skilune, when the shorts come crawling out of the woodwork cheering and sneering, the donut runs. Never fails.
O.T. I picked up 5 dozen this a.m.!!!! The sprinkled donuts were red white and blue, very cool. We had a World Cup Soccer party...it was sad that USA lost, but it was a very good game. Only 1-0 vs. Germany, which I would say is a GREAT showing!!!! :)