12-14-2011, 08:08 AM
If you hold onto it, I'm fairly sure it will get back above $120 in the next year or so.
My option spreads expire in January, however.
I have FOUR option spreads - $275/285 and 270/280 (which I've held for almost a year and used to be WAY in the money), $160/170, and $120/$130. Total value about $2100, which will disappear in about a month.
Starting to get a little worried about whether any sort of year end/santa claus rally is going to happen with the market in general.
My option spreads expire in January, however.
I have FOUR option spreads - $275/285 and 270/280 (which I've held for almost a year and used to be WAY in the money), $160/170, and $120/$130. Total value about $2100, which will disappear in about a month. Starting to get a little worried about whether any sort of year end/santa claus rally is going to happen with the market in general.
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Currently PvPing in the stock market
Currently PvPing in the stock market