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$好市多 (COST.US)$ I may explain it for those of you that are k...

$好市多(COST.US)$ I may explain it for those of you that are kind of knew and what happened was I bought an option I bought for actually that I thought we're going to do well and I bought them right before closing market before earnings now they didn't do so well I paid $191 per option times for that $764 now what that said the option this morning was only worth about $60 so obviously I don't want to take that loss that's a big loss so instead of choosing that sell and take that loss and accepted what I did I waited for it to go down as far as possible and I picked up for more options at $0.43 a piece now what that's going to do for me I was just upside down on my option 143 per option and I'm not going to accept that as a lost * 4 that's a good little bit of money nobody wants to lose $500 so what I did when I picked up those four more now I average my price out altogether to get it down as low as possible I could have picked up more but I chose to stick with just four so now my overall price is $117 instead of 191 so that means each one of my contacts got to get to $117 before I'm out of the hole now that's much easier to do than it is to come out of the whole $200 and on a good day probably Monday will probably be able to recoup all of our money and make a profit since I bought down my losses so next time you're in this situation that's what I advise you to do now I've got eight total options average price of 117 with a current market price of 43
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