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Re: Desert dweller post# 95421

Thursday, 02/17/2005 8:48:10 PM

Thursday, February 17, 2005 8:48:10 PM

Post# of 432708
DD:
I think your prey had been answered. I do not see how they could keep the lid at $17.50 tomorrow even on expiration day. I see at least 50 cents up tomorrow and steady climb up next week. Call option in (or after) JUNE will be bought at the large amount especially out-of-money CALL.
I sold Feb 17.50 PUT earlier but never thought it would come this close so I actually bought 500 shares at $17.90 yesterday.
If they do keep it under $17.50, I am gladly let them PUT me for 10 contracts.
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