Quote from badvestor:
Took some off @0.35 for the Feb 08 15.5 calls. Will ride the rest to expiry. Plan to keep on adding to April calls, bet the farm kind of trades. Huge underlying momentum in bbry. If overall mkt holds, I see it easily break above 20+
If you missed riding the aapl break down, amzn is next. Feb 15 255 puts are still selling cheap at 3.25. I see amzn testing 250 by expiry, easy 2 or 3 bagger. Longer term I expect amzn to sell off to at least 180 by june of this year. The stupidity bubble on the long side is very high in amzn.
Sold all the remaining Feb 08 15.5 calls @ 1.50, unloaded into the morning drive up to 16.80. Just bloody fantastic 10 bagger overnite hold. There was lots of room for entry after I posted, hope some of you got some.