He has been saying things about TTWO for about four years. Talk about beating something to death already.
not a good entry - didn't really want to enter @ 2.75 - my price was set @ 240 and then I got P.O'd that oil stocks continued higher from Friday into today with a not very exciting broader market. Obviously in this case the trend is a very good friend to oil bulls-- and I am against the trend buying puts on OIH. I have zero doubt I will make a profit on this trade. Of course long calls was obviously a smarter move when I first entered OIH.
Care to comment on HUM in light of last two days? Do you still think it will fill the gap from below $50 from mid December?
no positions in HUM as of this morning. was short Jan 55c (after closing put leg of straddle- Jan 55p @ .30) then had sold Feb 55c but scratched most of them for .50-70 last week. Exited the +50p today at b/e. IN keeping with my plan for post-January expiration trading--- I am going to as high a % of cash as possible -- so i can lincrease my size significantly. It has not been fun watching HUM and some other positions go my way since (in the case of HUM) I had toyed with the idea of taking assignment on the Jan 55c and keeping short February calls as well. But in the longer run - my lan to reduce # of positions will inure to my benefit. Hum may fill the gap or trade to gap support. But if I get back in it's going to be with size.