Post #276 by mungofitch on the Falling Knives board

Investment Strategies / Falling Knives

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Ouch : )

Carmax at $69.40, 17.4% lower than a couple of days ago.
Down 21% from the 52 week high which was less than two weeks ago.

Rather unfortunate for the April $75 puts I wrote a while ago which expire next week and were out of the money till this morning : )
Still profitable, oddly enough. So far.

Jim

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