Never thought the May $14 puts would be in jeopardy. But they clearly are. How could this turd lose a buck in a little over a week?
Oh well. Gotta hang tough for 3 more days.
14's & 13's going too. Pick your risk and place your bets.
Personally, I see $15 by Aug 22 as the closest thing to a sure thing as you can get. If not, the premium should more than make it up.
is selling those Aug $15 puts. Lenw ??
The "street" obviously likes it. Look what's happened to the price since the announcement. I'm impressed. Started selling the Aug 15 puts.
Cha Ching! . Can't help but make money stuck in this range.
Buyers flood in when it gets in the low 14's, and no catalyst (not even the spinoff talk anymore) to push it above 15. Sweet.
Yes, quite predictable. Sold the $14 puts and $15 covered calls. Looking for a big payday Friday.