Goodness... I completely forgot we live in a brick and mortar discount store world... Can't argue with the changes they have made, however way too much way too fast. Straddles are probably the best way to create a value in your portfolio. I see zero chance this is at the same price in 30 days, whether it goes to 2 or 20 is irrelevant.
*I am short (getting smoked)
**Bought option protection (less smoked)
*I am short (getting smoked)
**Bought option protection (less smoked)
Comment:
what a fun ride! long term, out of the money options were a great route!