Yeah, I put on a debit put spread 240-237.50 as some protection on my long PMCCC play. Looks like I didn't need it as the stock has already recovered most of the opening downside gap.
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Yeah, I put on a debit put spread 240-237.50 as some protection on my long PMCCC play. Looks like I didn't need it as the stock has already recovered most of the opening downside gap.
I was hopefully for a slaughter to add to my long term holding. I will look towards earnings and may the Street will get pissed at a margin or something to kill it.
I believe these are bargain levels compared to what will be in 2-3 yrs.