Thursday, March 19, 2015 11:56:30 AM
SVU [NYSE] SUPERVALU IncSUPERVALU Inc
Services | Grocery Stores | USA
I normally don't post/lament over charts that got away (missed this bottom buster up cycle), but I'm pondering this one for channel drop.
Hesitant based on less options volume/open interest than I'd like, but someone took 20 Apr 11P @ 0.30, which by my calculations is spot on estimated intrinsic based on 3 previous down cycles. If it drops to channel bottom support, there'd be a ~double gross profit movement...
Services | Grocery Stores | USA
I normally don't post/lament over charts that got away (missed this bottom buster up cycle), but I'm pondering this one for channel drop.
Hesitant based on less options volume/open interest than I'd like, but someone took 20 Apr 11P @ 0.30, which by my calculations is spot on estimated intrinsic based on 3 previous down cycles. If it drops to channel bottom support, there'd be a ~double gross profit movement...
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