Sell GRMN (Buy back short Aug 95 puts)
I take a huge percentage loss on my short GRMN puts. The stock slices through support at 95. I can not justify risking another big down day before expiration. Someone is dumping the stock big time and I am a little fish being swallowed up.
Wednesday has been a rally day the last couple of weeks. We will see what tomorrow brings.
Long: HANS, hedged long IWM
No comments:
Post a Comment