So 3 hours later the dow is down 125. For some reason I wasn't feeling RIMM and I let that sucker go for a loss (12 @ 0.83). I think I got a lil panicky and wanted to limit my losses, but I am right so far as RIMM continues downwards.
Good thing is financials continue to drop (maybe from the shitty news from WB?) Either way I just went through a 3k swing (being down 800ish earlier to being up 2k right now). Thats pretty damn huge considering my costs basis for the options im playing now is only around 7k. Just glad I'm up.
Right now, I'm just going to hold it a little bit longer, perhaps even selling later in the day if my puts go up another few hundred bux.
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First! Keep up the good work!
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