I got out with a small loss on my options today, I had the Jan 2013 $75 and had plenty of time to see the stock bounce but there are stocks bouncing right now, this has to get past 76.84 before it can be called a swing. I will be back later on
I got out on Tuesday with (8) OXY JAN13 CALLs, at a miniscule profit. It bounced off the bottom with a 2.5 million share buy-in. There was a (1500) OXY JAN13 $72.50 CALL buy-in the other week (at about $3.90), which triggered me to buy some calls, but it's still idling off the bottom. Today, looks like it's just following the SPX. Apparently, not a chosen stock?