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EC SD | You are welcome :)
The puts I bought yesterday are up over 50% today. I think the stock will continue down to mid 200s before expiration, which should result in around a 500% gain on the puts. Now to be patient and not bail out too soon! There is a chance for it to drop to 200 level, so that would be an even better 10 fold gain on the puts. If stock rallies back to $340 or so, I will take a small loss and get out, but that seems highly unlikely. | |
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