Guaranteed $100+ tommorrow. If all goes well i.e the inflation report and CPI reports are in their limits (chances are 99% to be within limits) by tommorrow morning, be prepared for a massive rally and this baby can shoot as high as $105+. Even today, VMW was one of the maximum %age increased stock with extraordinarily high volume (13% higher than the average 5 day volume). So it means that people have a much +ve attitude to buy it rather than to sell. My call is $100 - $108.
Folks, it will stay in between the 80-90 range before options expiration Friday.
I am hoping more like $80. I bought 10 $80 puts for just 50 cents today. 3 trading days to go. If you ask the Tarot charts readers, they will agree that the stock has to retest the lows to form the base before it can move higher...
Good day today, huh !? I had too with my AAPL calls.
Correction, high will be 100.29 tomorrow. That is the 50% retracement (fibonacci) for the downtrend. Just so you know, the 50% retracement was hit last time on 10/16, 10/17 the previous decline. I would then sell my holdings and wait for another pullback, or retracement after options expiration.
Shorty, you're going to miss tomorrow's run. No 88 low my friend.