should I sell one more put on atpg at 12?
(2010-09-07 10:55:07)
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atpg continue its climb in a down market, really enjoy the moment. I have sold puts on atpg at 10 and 11 for Sept, there are 9 more trading days to go for Sept, if I did not sell anything, I will sell the 12 put, but I could not be too greedy. waiting for the following 3 things in the short term for atpg:
1, the well comes to production this month
2, monetization of titan platform
3, some good news on lift of drilling ban, (BP is going to kill the well for good this week).
Waiting with a big margin in a volatile market is restless, no pain no gain? I promise myself I will close most of my margin position after items 1,2 come true or ATPG is above 20.