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For those financially concerned about a strike…. How to cover your self
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<blockquote data-quote="Commercial Inside Release" data-source="post: 5653103" data-attributes="member: 93336"><p>Just buy some shares at the first available moment, after there is an agreement. Otherwise, if there is a strike, watch the price take a nose dive, then buy in when you think it has bottomed.</p><p></p><p>The put described above, is a gamble... It will only pay if there is a strike. Right now, the stock is going up, when it really should be going down. So, I would only bet what you are willing to lose, 'cause something may be going on... Like an agreement that hasn't been finalized, yet.</p><p></p><p> If the stock starts going down soon, then your put might be okay. It might be going up due to insider info (illegal) about an agreement or the earnings report, dumb speculators, or big investors pumping the price to screw the options traders. (One firm will screw another's position, if it costs them little. They are competitors.)</p><p></p><p>*This is not financial or trading advice. It is just a transcript of the voices in my head.</p></blockquote><p></p>
[QUOTE="Commercial Inside Release, post: 5653103, member: 93336"] Just buy some shares at the first available moment, after there is an agreement. Otherwise, if there is a strike, watch the price take a nose dive, then buy in when you think it has bottomed. The put described above, is a gamble... It will only pay if there is a strike. Right now, the stock is going up, when it really should be going down. So, I would only bet what you are willing to lose, 'cause something may be going on... Like an agreement that hasn't been finalized, yet. If the stock starts going down soon, then your put might be okay. It might be going up due to insider info (illegal) about an agreement or the earnings report, dumb speculators, or big investors pumping the price to screw the options traders. (One firm will screw another's position, if it costs them little. They are competitors.) *This is not financial or trading advice. It is just a transcript of the voices in my head. [/QUOTE]
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For those financially concerned about a strike…. How to cover your self
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