Placing an order to buy back the JUL 11's that I wrote at a very low bid - letting them expire would be good too.
KLIC down basically double the other tech stocks I follow.
Atleast volume isn't outta line.
If it stabilizes a bit it may be soon time to add trading shares - but absolutely no rush! Summer/KLIC isn't often a positive relationship.
Bought back the JUL 11's I had written for .70 for .25 - I like to close things out when possible. I may have left .5 to .10 on the table. I figure the spread is often a nickle or dime and options rarely go to 0 before OE.
Now buying anything yet.
DOW down over 200 again today.
That was a decent cover but I would keep a close eye on this "bounce" and be ready to sell more premium sooner than later
Just punted a little JNJ (it was green a couple % today) above 85 - trading shares after Welden left form last year. I have some really old shares but 2 trading lots at 65.15 & 63.58 from last year.
I may buy back some CY trading shares after it goes exdividend tomorrow.
Watching INTC to maybe buy those shares back, too early to buy back CREE shares yet IMO.
the only reason I would buy those back is to be able to then sell the 10's against your shares on a rally back over 11 but that's just me
Yep - resell the 11's or 10's on the next rally - if/when it would come and the expiry would have to be before JAN for me.
Been out for hours. Gonna see what's been going on.
End of day could still get interesting.