Large September 9 call purchase this morning(2300+) before current run up started. Follow the smart money? Was going to sell Aug 9 calls but am waiting now after seeing this unusual activity.
they are myopically focused on AAPL today. MNKD is not newsworthy enough for them to turn their entertainment first camera on us. If they do focus on us it will be to highlight some hedge fund biased view to create controversy.
I don't see any down trend unless you go back to August of last year. We had a trend reversal on 5/15 and the trend is up since then.
I have a core stock position but also have Jan 16 call debit spreads, put credit spreads, and calls. I go out further to allow time for sales to accelerate later in the year. the put credit spreads are a way of paying for the call debit spreads. Better than using your credit cards as you described...to much risk.
they will have those who are controversial on to get viewers. Only view for entertainment value as CB has no particular insights on the Chinese stock market. A station that focuses attention on how to order a pizza for 30 minutes says it all IMO.