Not as far as i'm concerned. Why buy directly when i can be assigned at still lower prices or buy my puts back at a nice short term profit. I never sell puts on margin by the way. Always back them with cold hard cash. Yeehaw. Let the market drop as much as it wants, well maybe not to zero. There has got to be something wrong when you find yourself in agreement with the "turder". Buy Buy Buy! and Wait wait wait.
i bought some hero under 9...I sold at 19 2 weeks ago...this is an ocean oil driller ...down from 38....its like buying a call option that never expires...didnt have balls to buy nov,fcx for holds though.I traded fcx a bunch today...made 200$...rallied 5pts after i got out and missed 3k but who cares?
I should have said i'm selling puts like a mad banshee on tiptoes. Because actually i've been scaling in, not jumping in all at once.