04-15-2010, 09:14 PM
I'm pretty amazed to see it pushing $250.
Bad news, good news, bad news...
Bad news is I bought a couple grand worth of April $210 Put options when it surged above $220 thinking it would drop back down temporarily before going up again. Nope. Those Puts are now worthless.
Good news is I used my virtual account so I'm not out any money. Just a little bruised pride (but since it was only virtual, I didn't employ an exit strategy--for real money I wouldn't have lost much before bailing out).
Bad news is I used my virtual account because I don't have any real money to invest.
lap:
Bad news, good news, bad news...
Bad news is I bought a couple grand worth of April $210 Put options when it surged above $220 thinking it would drop back down temporarily before going up again. Nope. Those Puts are now worthless.
Good news is I used my virtual account so I'm not out any money. Just a little bruised pride (but since it was only virtual, I didn't employ an exit strategy--for real money I wouldn't have lost much before bailing out).
Bad news is I used my virtual account because I don't have any real money to invest.
lap: