Well, I blew this one.
I had puts on Costco (symbol COST). During yesterday’s shotgun-to-the-face nightmare for the bears, for absolutely NO reason other than unchecked panic, I dumped half my position about where the arrow is shown. Well, you know what happened next. I took a loss on what I dumped, and as I glanced at my spreadsheet right now, there is a 60% profit on them (and they have 106 days left on them as well). Just pathetic on my part. At least I didn’t dump 100%, but Jesus, what a ghey-boy.
As you can see, the daily chart is dynamite, and shame on me for dumping such a glorious chart just because I only have one testicle. I say again, shame on me.
I’m refusing to re-establish my position at this vastly-higher prices, but boy does this bug me.
