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  • roym717 roym717 Mar 29, 2012 11:16 AM Flag

    OT - BMY

    March options expire today extra shares in the market and a down day in the market.

    Monday should be the top!

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    • I think the down market day is the main thing.

      On the option front, volume so far today is fewer than 300 contracts -- that's 30 thousand shares worth, compared to almost 3 million shares traded. (I know people on this board who do 300 contracts before breakfast).

      I got a few BMY calls too to keep you company and also as my membership fee in the BMY club. So, skipper, hoping you can get us past this squall by Monday.

    • Thanks for posting this, Roy. I forgot about the March expiry today, and was getting worried about the price action this morning.

      FYI, the high price pre-EX last Qtr was reached both on DBEX and on DBEX-1, while the Qtr before that the high was on DBEX. So tomorrow and/or Monday should be the top. Let's hope the overall market turns up to give us a boost.

      Good luck,
      5X

 
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