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Re: umiak post# 4956

Thursday, 11/15/2012 2:17:45 PM

Thursday, November 15, 2012 2:17:45 PM

Post# of 16750
Over 7,000 calls and 1,000 puts above 6.0 expiring tomorrow cause significant pressure to make sure the price remains in this neighborhood. Most if not all of the 6.0 puts will lose money as well as most of the 5.0 and 5.5 calls due to the premiums paid. Maybe after op ex we'll see some more forward movement.