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RyanW439

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RyanW439

Re: viking86 post# 22498

Tuesday, 03/08/2011 8:22:49 PM

Tuesday, March 08, 2011 8:22:49 PM

Post# of 34471
Well, they could just buy the contracts back at a much lower price as time decay and (them assuming they're correct) the share price dropping significantly lowering the intrinsic value of the calls. Also, if we trade down to the $5's or single digits, I'm sure that would mean there is a lot of selling going on. Just giving you my view of what someone selling a bunch of ITM calls would be thinking..

If it don't make dollaz, it don't make sense. -DJ Quik

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