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Seagull2

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Seagull2

Re: msm2137 post# 2684

Thursday, 02/20/2014 6:27:19 PM

Thursday, February 20, 2014 6:27:19 PM

Post# of 3033
My personal opinion is that the news (Northera Approval) has already been bought and sold. I would think that the MM will try to hold the Six Dollar Strike on expiration tomorrow, but usually there is a split between the option bid and ask on the last day of the front month option. Time premium has eroded and intrinsic value is all thar remains. I would sale immediately if the PPS gets back up to $6.00 or more at any time tomorrow. Just my Humble Opion (JMHO).

ALL THE BEST
GULL
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