On the 24th bought a put when price was at $252 and sold it the same day when price dropped to $247. Today not thinking clearly I bought a put at $255 and should of gotten out at $253.90 but I stupidly thought the stock would go lower. So as the day went on the stock got to $257 and I was thinking I gotta avg down so I got another put at a higher strike. I'm reading your messages and hoping for a turn around before friday or I'll just cut my losses. What is your guys honest view of where it's going and why?
My expiration is Friday, I did weekly, because I expected a change to occur within the day. With the way the market looks I see the stock at least opening higher. This stock though goes on it's own beat and sometimes runs with the market. I definately thought the market would be down today, but the way Asia went and how europes going it will be an up day.