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| Alias Born | 07/07/2002 |
Wednesday, September 24, 2003 9:57:50 PM
Mainhiker, EDIT
My best scenario has GERN doing a chinese water torture drop similar to the one which started on June 9. That would setup my Oct. $12.50's to expire worthless. Max Pain is $10 for Oct. so I see myself closing out the option positions for around $.50 and selling @ $12.50-.75 to rebuy around $10.
BWDIK
BT
EDIT: If you draw a trend line @ support and another one @ resistance you will see a pristine channel.
My best scenario has GERN doing a chinese water torture drop similar to the one which started on June 9. That would setup my Oct. $12.50's to expire worthless. Max Pain is $10 for Oct. so I see myself closing out the option positions for around $.50 and selling @ $12.50-.75 to rebuy around $10.
BWDIK
BT
EDIT: If you draw a trend line @ support and another one @ resistance you will see a pristine channel.
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