Wednesday, January 08, 2014 10:25:17 PM
It could be people getting out of them as well. OI going into today for the Jan $65 strike was over 52K. Check the OI tomorrow- if it goes into the 80K range then someone was loading the boat expecting a big run.
If the OI comes out in the 20-40K range, someone was dumping them at what they thought they could get for them.
I picked to some March 57.5 calls near close today. If they run it up into earnings I'll sell and pick up some weekly calls with profits- if they keep it steady or drop it will prb hold onto the March calls.
Really kicking myself for getting out of the Jan $50 calls at $3. Bought them around 2 in November and they tanked off the start- sold for a happy 50% at the time- today would have been a sweet 300%+ win- but hind site is always 20/20.
Best of luck to everyone and would like to see a strong day tomorrow for a perfect "FB Friday" setup v
If the OI comes out in the 20-40K range, someone was dumping them at what they thought they could get for them.
I picked to some March 57.5 calls near close today. If they run it up into earnings I'll sell and pick up some weekly calls with profits- if they keep it steady or drop it will prb hold onto the March calls.
Really kicking myself for getting out of the Jan $50 calls at $3. Bought them around 2 in November and they tanked off the start- sold for a happy 50% at the time- today would have been a sweet 300%+ win- but hind site is always 20/20.
Best of luck to everyone and would like to see a strong day tomorrow for a perfect "FB Friday" setup v
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