X Div 4/3 ... lost my butt on the Jan puts .. So now I'm buying the May 43 Puts .. @ 1.99 Just curious what the others on this board think of the trade. Also looking at the Sept 43 Puts @ 2.96 It's now 3:00 pm on 4/2..
So I'm buying within the next 30 minutes .. Any quick answers from others on this board?
I only bought 25 contracts May 43 Puts @2.00 I just couldn't let it go. The charts say it drops 3 to 4 points after X Div within 4 or 5 weeks. I played it for last quarter and lost my shirt. I may be wrong again, just had to go for it. I made good money on AGNC March Calls. So I'm still up for the year.
I'm just waiting for the correction and then will get back into buying Calls again. Thanks for your thoughts..