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HOLD HOLD HOLD!

HAVING TROUBLE PRINTING?
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It has been a rough week thus far and today 3 of our positions will probably close under our short put strike price. Those of you who have been with me for the last few years know, that this day would probably be coming, where we don't just pick up premiums without some sweat. Anyway, let's not bail yet....Even if we close on the lows today, let's sort it all out tomorrow with cooler heads.

MU IIIN and SWHC

These three positions will be anywhere from $0.20 - $0.50 into the money.

Considering everything thus far this week, that isn't too bad. But that is of little comfort in regards to today.

I am suggesting that we hold these positions ( MU IIIN SWHC ) regardless of the close today to see if we can get some stabilization. Sometimes we get an over reaction in these smaller issues in sympathy to the overall market. If we do not get a stabilization in these issues, we will look to exit these positions as we did with COCO.

So we will be holding these positions for now and determining what exit points if and when ,might be needed, if we need to act.

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