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Hi all;
I hold a position in IESC. Have for 2 years and it's got a nice return. One thing I've noticed is it is volatile. As in down 10% at times. But when it dives, it recovers quickly and goes back to climbing.
If I believe this behavior will continue (I do), what is the best way to buy an option on the dip? That it will recover in a week? That it will have climbed more in a month?
Or will most investors realize it will recover and so options won't pay off well?
If I do this, it will be my first options trade. So any other suggestions are welcome.
thanks - dave