Option Investor
Updates

TOO MUCH EXCITEMENT?

HAVING TROUBLE PRINTING?
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?Hi Gang,

The market took off this morning and hit a number of new highs. Right now it's about 4 points from our short 1470 SPX call. I've received a lot of emails and phone calls.

I'm going to hang on for a bit, but that doesn't mean you should. My risk tolerance is likely higher than most. You can close out your position for about $4.30. If you're uncomfortable, you should GTFO and live to trade another day -- and maybe sleep another night. It's a tough choice.

Good luck and trade smart!

Mike




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