OK. Here it is.
1. Max Pain for DNDN (Feb 20) is at 10!!
2. The shorts gave us a small preview of their strength, as they tested their ability to drop DNDN on 5 Feb. They were able to take us down from an open of 14.1 to a close of 13.3! This with a day�s low of 13.06. I think they learned that they could drop the pps, and that they hip-pocketed this information for the upcoming Options Expiration date.
3. The amount of money involved in having both the 12.5�s and the 10�s expire worthless, is obscene. It is so much, that I do not see how the MM can pass on the temptation.
All of this considered, I see the odds of us getting taken down to at least the 12.5�s are more than scant. I weigh this against my concern not to be out of DNDN, even for a day. It�s a tough call, but I need to err on the side of safety. Accordingly, I am on the sidelines, wishing all of us the very best of investment outcomes. sam