Close: HBC BRCS Feb 40/45 ROI +93%

HBC got hammered today along with the rest of the market and since there are 4 days until expiry I decided to buy back the short for .10 cents.  This trade worked out well and I’m thinking of putting it on again for March expiry since all the banks including the ones in Europe have started tocome out and say they need more money.   This one is going lower.  The only problem is do I wait and see if it gains a few dollars closer to $40 or do I just put on a BRCS 35/40?  I need to wait and see what the rest of the week brings.

Buy to CLose Feb 40 .10 debit