To the naked eye MAXPAIN looks like 20.Amazing the influence this can cause even on a thinly traded stock and very thinly traded options on a stock like IIVI.So depending on your outlook could be a chance to buy near 20 or sell near 20 probably all week.
Dave, how are you trading the options? Selling covered calls? Buying calls. spreads, etc. I have never felt I knew enough to trade options successfully. In fact I dont even know how to trade the stock. Seem to get whipsawed every time I take a small position in IIVI.clam
Clam!How you been?I made the annual meeting but then missed Ron's presentation the following monday.IIVI options are bad really. Spreads are usually too large.I actually do much better options trades on other stocks.I don't pretend to be an expert.Usually I write some covered calls when I think a stock is overvalued.I have bought calls for IIVI and actually own some now.WIth IIVI often I'll exercise the options BEFORE OE. Otherwise you can have a day like today and loose al lthe premium you paid for the options.I figure long run IIVI will always be a good investment.Also this time part of the reason I bought options was ironically I have too large of a position in IIVI.The past year or so I've been doing more and more options on my favorite trading stock KLIC which happens to be in a MF article today that also has IIVI mentioned in it.