
i overleveraged myself by buying 50 puts on Nue at a bad price. my gut told me to hold till 77, but i bought at 76. it's at 79, right now. there will be a downside, but it probably won't blow below 77. it's gonna be very hard for me to wait and hold and pray for 76. my gut says, if i get 77, sell and take the 5K loss.
bought some Stld and RS puts. more steel you say ? i still strongly think they are at their peaks and will go down. Nue just happens to have greater visibility then these two.
i need beer. i just bought these yesterday and in one day i am ready to cry. that's options, folks.
Showing posts with label steel. Show all posts
Showing posts with label steel. Show all posts
Tuesday, May 6, 2008
argh, major loss on the way
Subscribe to:
Posts (Atom)
