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Re: JimLur post# 393856

Friday, 12/19/2014 4:20:07 PM

Friday, December 19, 2014 4:20:07 PM

Post# of 432534
JimLur

I think you are right as I posted earlier there was around

2400 in the money calls that most likely needed to be bought.

Look at next month's in the money calls that will needed to

be covered and it is huge. Looks like the smart ones are getting

ahead of the next month expiration. I have steadfastly said

once we break $60.00 most every call sold will be losing money

and needing to cover or lose stock. Add in a little good news

and its to the moon. Being short and selling calls right now

is not for the faint hearted. I posted they would try to take

it below $52.50 and if we was lucky get a late rally with

240,000 shares needing to be covered, and the longs came

through. It looks like tough times ahead for the shorts, of

course this is my opinion.


JMO
Mickey
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