– BUY JNJ 100 JAN 15 105 PUT @.63
Low volatility and she looks ready to move. I’ll try and take it off pretty quick to avoid the option losing it’s value to time decay. I’m hoping that a volatility rise will compensate for the time decay. Seems the stock keeps getting rejected off that 109 area. We’ll see…
12/4/14 – SELL JNJ 100 JAN 15 105 PUT @.65
Scratched it. Got stopped out. Was looking great then it fricken spiked like there was no tomorrow.
DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!