Becky should have interviewed you months ago. Leave it to the IRS to chase away our jobs and screw with the producers in this world.
good job pebble....I do the same with just out of the money weekly puts of stocks I wouldn't mind owning. Rarely get filled and it becomes a nice little income stream.
More call selling. Option activity seems to be picking up a bit.
$YHOO 40 Calls SELLING Activity expiring on 19th Aug, Vol 2000
not necessarily...option market makers take the other side of trades and look to make money from the spread. They get as delta neutral as they can thru other option and stock offsets. It takes VERY DEEP pockets.
$YHOO 35 Puts SELLING Activity expiring on 17th Jun, Vol 5302
For those of you not familiar with options...that a bullish bet.
Verizon CEO says won't go after Hollywood studio, cable group, Fortune reports Verizon (VZ) CEO Lowell McAdam said the company's upgrade to 5G technology may permit for an expansion of its FiOS home Internet and cable TV service to be offered nationwide, according to Fortune, citing his comments at the J.P. Morgan Global Technology, Media, and Telecom Conference. McAdam declined to discuss the latest on its bid for Yahoo's (YHOO) core internet business, but tried to put a lid on speculation that Verizon might go after a major Hollywood studio or cable network group, saying, "We're not doing that, I don't think we need to do that," according to the report.
CFO Ken Goldman doesn't say much about sale but it's "going very, very well." Sees some press reports as "signaling" by bidders $YHOO
CTFN looks like a poorly run news shop. Lots of ads looking for journalists....easy set up for the type of thing we got last week.
Yahoo Bidders Unimpressed During Due Diligence
by Sarah Cohen for CTFN
Says bids were lowered after seeing due diligence materials
I can't access the whole article
Alcoa climbs after BofA says aerospace exposure not fully factored in Shares of Alcoa (AA) are moving higher in morning trading after research firm BofA Merrill upgraded the company to a Buy from Neutral, saying that shares of the company have become increasingly correlated with price of aluminum. WHAT'S NEW: While Alcoa's share price has become increasingly tied to the price of aluminum, the metal is becoming less of a factor in the company's earnings, BofA Merrill analyst Timna Tanners wrote in a note to investors today. Alcoa has been increasing its investment in aerospace and although the segment has been disappointing over the last 18 months, the analyst sees an upswing coming. Tanners sees Alcoa's Firth Rixson acquisition as leveraging the company towards the engine portion of aerospace, which the analyst sees as more of a structural growth story. Tanners cites Airline Monitor in her report, which forecasts 10% higher engine deliveries in 2016 and 18% higher in 2018. Tanners, who boosted her price target to $11 from $10.50 on Alcoa, believes that little positive aerospace developments are priced in shares and that when the Firth Rixson forge becomes operative in the second half of the year, Alcoa will see a positive engine demand catalyst. PRICE ACTION: Shares of Alcoa are up about 2% in late morning trading to $9.29 per share.
First off...I'm on your side. The first round got them inside and chance to look at the books in detail....so, we have reason to worry considering who was at the helm for round #1. Especially since MM had full control on first round, fudge could be all over the place. We lowly shareholders just don't know.