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AMR has been trending down for over a year....could it bounce on a drop in oil sure.....but not my style. I am buying puts today on LNKD after a 50% bounce in 7.5 trading days (60 to 90). Can you say end of qtr window dressing
bought a whole bunch of 90 puts when the stock was between 89.5 and 90.5. already out of 1/3 of the puts on LNKD with a $2.5 profit ....may close 1/3 more late in the day