I am both and thats how you have to play these stocks in order to survive. Protect your long position and sell low put for income, if I get this I want it at 10 or less.
Float is shown as 12.2 million and even if you take in the account all the shares your figure is right. Estimated target was 36 cents PS loss so how did we do.
115 contracts in half an hour is not tiny volume, it only trades 200-250 all day. And with DOW up huge our CLDN is trying to stay green. That's good for you?
For every seller there is a buyer, I am covered on both sides. Sold covered call and bought some high puts and sold twice the amount of 15s. If you are long you have to protect yourself. Last Friday more than 200 contracts changed hands (15s) and I expect number to rise as we get closer to Apr 30th, JMO
That is another thing to think about beside more than 200 put contracts strike 15 sold every day for last 10 days.
Are you saying that positive test is sure thing? Why do you think hundreds of 15 strike puts are sold every day and they went up 10% in last few days.