You may have to buy the stock if ANF tanks before expiry and you are holding.:eek: ANF showed some strength today. But you never know...
Shite J2, you mean you are changing your mind already:eek: But surely you must have known something about direction when you told me to hold on to the puts - why else would you tell me NO STOCK NO MATTER WHAT - I am not forking out that kind of money just to protect a measly possible $550:eek: I think I will ring my broker to get another opinion, if that is OK with you
Well, now you are making me think. Why do you torment me so! I think there is a good possibility that the puts will expire. But you never know. The market (people) will do what it wants and it could go up some more or it could go down. To hold the puts and if ANF closed at $10/share on friday you could be in some pain to the tune of $9,000. That's bad. And to hold the puts and if ANF goes banktrupt tomorrow, that's worse. Not good for the bottom line. And it is a possibility, albeit a small one. On second thought I would cover. And no, I do not know anything about direction. My thought was that it is likely the puts will expire but if they don't you showed me there was too much risk involved. This is why you and RN are taking all my hard earned money!! I must say this has been very educational and enlightening. Thanks for this lesson the easy way, i.e. no real losses.
THE RE-WRITE: Hey, I got a fistfull of puts here; what do you guys think we should do with 'em. Well, Boss we just hit a retracement of the monthly high is all I see. Son, we don't use Fib retracements around here! Yeah, I know Boss. I just thought I'd point it out. Other than that, I got nothing. Well, THINK son. Tryin' Boss. Alright, anybody else? END OF RE-WRITE
RM, Youâre back and youâve figured out you ainât got much â I respect that So Iâll help you just as much as you help yourself When we first started looking at ANF â NY said something specific about it Go figure out what he said, and meant Next â you need to know something(s) in order to trade the thing Make a list of âspecificallyâ what it is you need to know Keep the BS out of it please, but use plenty of Mel Gibson As youâll need to think through this â getting these things collected up could take you a day, a week, a month, or longer (ask me if I care) Iâm still working on the last puzzle RN
Page 122 Page 153 These posts look eerily similar. Is it: -plagarism or -one in the same or -like minded people who both know the 'obvious'? I like to think the latter.
Quote from NYSE Could this be "Follow the leader" Quote from NYSE Means it rises and falls with some other related markets, possible consumer retail related? Quote from RN Meaning it's doubtful that it can sustain this kind of momentum? Is there more????
Well Iâll be go to hell Are you possibly a wolf in sheepâs clothingâ¦. Or was your sleep really that enlightening (must be one of those posture pedic beds I seen advertised on TV) I wonder Oh well no matter â The last question you ask â do whatâs next and it will help you figure out what you need to knowâ¦., and if there is more Remember we humans are all part of a bigger family â just as ANF must certainly be â although I donât know what ANF is, does, or stands for â but neither do I care â as I will only trade it Note to self â Gotta get me one of them beds :eek: RN