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kungfuguo
Jan 14, 2014 12:35 AM

IBM Daily Analysis 11/13/2014 Short

International Business Machines CorporationNYSE

Description

Still holding some longs overnight. Will close all long positions if unable to regain $186 tomorrow.
Comments
charlesmccann
Did you stay in?
kungfuguo
Still in. Nice rebound today. Will close and roll it to Feb tomorrow or Friday. Tiny gain.
charlesmccann
Agree. The market was down today, so also held my long positions. However, I bought some puts today to hedge my calls. Need to determine stops (maybe 183.3 for the long position) or maybe higher if opens poorly.
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