Tuesday, November 18, 2014 7:34:02 PM
Real support is 1.18 which just coincidentally is the highest priced DMRJ option 
. DMRJ's strategy looks to me to sell down to 1.18, stop and then wait for enthusiastic buying and volume to reappear and then to sell back down to 1.18 again, rinse and repeat. Basically they are going to get rid of all the 8c options this way and then start selling the 1.18s and 1.09s last but still at a profit. This is going to take many years !!!
. DMRJ's strategy looks to me to sell down to 1.18, stop and then wait for enthusiastic buying and volume to reappear and then to sell back down to 1.18 again, rinse and repeat. Basically they are going to get rid of all the 8c options this way and then start selling the 1.18s and 1.09s last but still at a profit. This is going to take many years !!!
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
