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Please read post #21907.
I expect that the security may continue to go up. I of course do not
know.
--- In realtraders@xxxxxxxxxxxxxxx, Colin Johnston <ccjohnston@xxxx>
wrote:
> What's your directional view for this security at the moment? Need
to
> make that crystal clear. This appears to be a bullish position.
>
> Colin Johnston
>
> prosper1000 wrote:
>
> > Let's say that a security has been going up and it has leveled off
> > and it has fairly high volatility. So I sell an at the money put,
> > then I turn around and buy the underlying security. You thoughts
> > appreciated.
> >
> >
> >
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