J smooth
I own 20 April 85 puts on NYX
See---- I wanted to own at least 1000 shares on a nice little dip down....I paid 5.20 for the puts so I was trying to buy in at 79.80 to be perfect, but I felt like 80.40 was near a short term bottom....
Now I have a position With only .60c of down side till April expiration......I don't think it will go much higher, but now I can trade the ups and downs......Almost riskless
$COSTAverageMAN
I own 20 April 85 puts on NYX
See---- I wanted to own at least 1000 shares on a nice little dip down....I paid 5.20 for the puts so I was trying to buy in at 79.80 to be perfect, but I felt like 80.40 was near a short term bottom....
Now I have a position With only .60c of down side till April expiration......I don't think it will go much higher, but now I can trade the ups and downs......Almost riskless
$COSTAverageMAN
