Looking at the selling pressure, my guess is under $105. Anyone?
Think the money funds run this to 112 range, starting during lunch, then close it under or close to 110. Watch for action in the near the money calls and puts for this to happen.
too easy. On Monday it will move higher on the open, then trade down and close 2-3 bucks off the day's high. On tuesday, it will again open higher, then close lower.
If you like casino action, the bet to make is that it closes within a few cents of 110. I'm not a soothsayer, it's just the way the money fund manipulators work this stock every Friday.
Interesting move with no pre move in options. Tells me it will only go to 110ish, they start selling when the 110 options get hit. Will sell the calls and buy the puts....
Sorry, I work the morning shift.
My guess is no