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I should have sold some more of the GSVC puts yesterday, but didn’t. I do think there’s likely a single digit future for this stock which would be another $3 or so on the downside. Holding them for now then.
I am, however, locking in all of the profits from these XONE call options — selling all of them today — which have played out beautifully and very profitably before expiring later this week. XONE reports earnings tonight and I’ll be holding my common steady despite selling the calls for quadruples.
I’m buying a little bit of XONE call options, dated out into November, with strikes around $45. Very risky, but just a small tranche of trying to add some additional exposure to this part of the 3-D printing basket while it’s down in a straight line. I am also going to add a last small tranche of XONE common stock here today. https://tradingwithcody.com/2013/09/30/trade-alert-remember-my-outrageous-facebook-price-target/