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ITT Educational Services Inc. Message Board

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  • caustic_fred caustic_fred Dec 30, 2012 3:00 PM Flag

    look at leaps before you think you know it all !!!!


    The strikes prices for ESI options expiring on 1/18/2014 are $25 and higher, whereas the current stock price is $17.45. Long-term options with strikes so far from the market are extremely illiquid. There is no information to be gained by looking at ESI leaps.

    mike9morr - Aren't you the same guy that didn't know the difference between rightdown and writedown, and who didn't have any familiarity with the balance sheet? And now you prove that you don't understand options either. Clearly "morr" stands for #$%$ but check your spelling, there should be only one "r".

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