That's the current rate, which would generate a close about 53. (I don't expect it.) The momentum is beyond what I hoped for. Let's hope for 2m volume. I'm wondering how far this could go long-term? 54 seems too easy now. I have limit sells on my speculative Jan 45's set at 8.5 so they should sell when the stock hits 53. I'm wondering now if that is too soon but I am going to be away from the computer the next couple days...
Not sure about 50.6, maybe 50. With this kind of momo -- volume and % change -- I think you want a close that's close to the high. If the high is 51, I wouldn't want a close less than 50.6 or so. I think the close will be good. Maybe 51....
They are Jan 45 calls. You expect $8 div guidance by mid-January. I think your on crack! (jk) With short dated calls, you have to sell before any correction and just take your gains off the table in my experience.
When do you expect a $2 div - by what point next year?
<<IN terms of selling at 53--all depends on what you think is going to happen to the dividend. (Also what price did you pay and what are the tax effects--short orlong term)
If the optimists are correct and the dividend is going up to around $8 you are selling way too soon regardless.