Tuesday, May 22, 2012

Chasing LOW!

Well, LOW has seemingly taken off. It's now about 35 minutes before market closing and the put option I was trying for has gone up to $1.01. Which is still not bad. I put my order in for 95 cents. We will see if it comes back to me. I try not to totally chase things but with a better than even chance to at least double my money I hate to let it get away. I may buy on close if it does not come back to me. It would be a strong bearish close if it keeps going down.

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