You need to learn more about options trading before you bet the farm, You should never put yourself in a position to be "ruined" no matter what happens. Chalk it up as a learning experience.
The market is really giving you a great opportunity here. Longer term this company will do well if it sticks to the business plan it has. The Fed is screwing things up now. Things will change as they always do.
while i have sympathy for you, i also remember cautionary advice over the last 11 months. myself and others. i also have a memory of Doc bailing out about the same time i did, and announcing the fact, and the reasons.
he may be back in by now, but at a price that did not have to endure the fall. i am still on the sidelines
Not too worry because a lot of this selling pressure comes from sorts/puts and those betting that the dividend will be cut in December. When that doesn't happen, the price will bounce quickly back to the $33 area.
Olee: I bought it at $35.95, 2k and losing about $12k. Did you buy at the similer price? Bernake is ruining every body. I have $30k cash in my brokage account. What I get in Money Morket is $0.09 per month . What a joke it is.