CFC? The way it sold off on the open it appears to have a bunch of overhead supply. I don't think it is 'sexy' enough for much of a run. I added a little to my long term covered call port - half of what I was stopped out of the other day. I think the long term prospects are good and it represents decent value here. The volatility of the name will keep premiums high for awhile. Can't see trying to trade it though.
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.