How can PUTS be a losing position if bought when the stock was at $14 just two months ago? Why don't longs admit that this name has dropped 45% in 60 days? The easy money short has been made but PUTS are now well in the money.
As we said at $14 this name is headed to $6. Perhaps you should understand the charts a little better. But I wish you good luck and Happy Holidays.
AS we said low DELTA calls are nothing more than gambling-these were poor calls when bought and now worthless.
The delta on those calls is so low this guy is doing nothing but gambling-not only that he/she bought at the very worst time out-56days-the optimum "decay"time-there is no way that buy was via a professional-that trade and buy of calls means ZERO. This name is headed to $6. But I wish you good luck.
"Clueless Bashers" lets see at $14 we said its heading to $6 and now it's at $9 ish-here's another clue for you-it's heading sub $6 but we wish you good luck!
This name is headed to $6 We said it at $14 and we'll say it again-without a buyout this name hits $6.