So if you are shorting puts, does that mean you expect the price to rise? It looks like imos may not see $10/share again anytime soon. From the look of its setting higher lows, breaking 10.70, being about to clear 11, and seeing a rise in the mfi, it looks like it is about to clear 12.
Yes, shorting puts means I expect the price to rise. I was just hoping to have the price stay below $10 until the end of this week, long enough to have the shares put to me. It's not a big deal, though, since I'm already heavily long IMOS. It's just that the price was so ridiculous that I was willing to cross the line and go on margin to pick up more. "Ridiculous" doesn't last forever, unless you're talking about some of the message board posters.