I’m not sick but I got COF

I'm not sick but I got COFYesterday I wasn’t able to entertain both of the loyal readers of Retard Trader (sorry mom and mom). I made one buy yesterday, buying 2 puts in COF. Nothing really fo me to base the reasoning on buying puts in COF as much as it just seemed like a good idea to buy puts. Golly gee Beave, I guess the market is just going to go down.

In order to catch up with my posts (which only means maybe making a few EOD posts, which I’ve already written but was away from the Internet so I couldn’t post them) I’ll just state the facts here for COF.

It’s going to go down.

There ya go. How’s that for some in-deptch analysis?

Capital One declined the invitation to advertise on this website. Pretty rude. There was an offer to give them a banner ad of some sort, but they declined. In fact, I think that the entire unedu-ma-cated world misunderstands the word “Retard”, which would explain lots of unhappy email I get to see. One day people will learn what a Retard is and will respect the term. Until that time, I’ll just keep fighting the struggle, like Bill Gates when he only had millions of dollars to back him from his family’s illegal slave trade practice.

Buy:
COF May08 $45 put (COFQI), 2 @ $2.35
stock price entered $52.69

Like good looks, I lack target for exiting this trade. Guess I’ll just see how things go.

COF May08 $45 put (COFQI)

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Posted By: Michael

News Category: COF, Options, puts

 

 

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