I recommend traditional investors always put them up for sale for twice the amount they paid.  So in your case, put them up for sale at $11.60 good for 28 days

That way if there is a massive run up, it will sell, and you pick up when it comes down from overbought. 

Adjust when you have time.

The reason you want to put them up for sale is to keep them out of the shorter's hands.  And if you don't it benefits us traders! ;-)  LOL  Some people hate shorts, I love them.  They do the carnage, I profit on the safe, long side where time is on my hands at this point in the cycle

truth is, the dumbest advice ever !