yes but all this back and forth is a little unsettling. Two rumors were spread on QIHU in less than one month. Sounds like an inside job to me. I hate rumors = spells deperation. I'm still trading the stock with covered and uncovered options for a hedge. I think I will get very long again if she can break the highs of $96 as a momentum trade. You will be much better to wait and lose $3.30 ($92.70 last to $96) then to load here. I would be selling in here and look to buy her cheaper or like I said risk paying $3.30 moore but be more certain that this is a real attempt to break the highs and hold the level. This is how the momentum traders work... Or just buy farther out calls. You can buy the Feb 7 $100's for a little over $1...They will be cheaper when using strike's past its high (less probability) and of course because its farther out..I stil think QIHU can see $125 this year as a low TP...That's $29 of upside if she breaks $96..
If you understand Chinese, you should search the news about Qihu's annual rewards for their employees this year. No other company in China can beat Qihu. I guess Qihu must have a very good year. I think it is safe to hold the stock till ER. MM may sell on the good news come out then.