I sold this stock a week ago after the secondary IPO offering with a lose. I listened to some of you who said this stock is going to low 20s and didnt buy...Now at $31.66, do u think it is a good place to buy some shares or sould I wait to pull below $30? Thanks
Buy the stock a little lower if you can and then write the March 30 Call. You might be able to get around $3.00 for the Call. That works out to a 4% return for a month. Not bad. If you have the brass ones, you buy here and then write the March 35 Calls. Gary
I am buying the shit out of the March 35s. They were at 3.50 two weeks ago, and now they are at .60. The stock will be at 35 in a few weeks and those calls will be back at $3. That is a nice 5 bagger. No brainer.