News Focus
News Focus
icon url

goosemeister

09/04/07 2:44 PM

#31269 RE: goosemeister #31168

considering today's action, this could instead be a breakout for sndk. perhaps some calls are called for now and not puts. still on watch. the next hour and tomorrow should be telling. again, that higher low of 51.74 concerned me in regard to buying some puts. we'll see.
icon url

goosemeister

09/07/07 4:18 PM

#31816 RE: goosemeister #31168

message from wednesday near market open:

---------------------

sndk options

sept 55 (1.15) & sept 52.50 (.50) puts look good. 52.50s are more risky, of course, but could pay out very nicely. given the expiration date, the plays are risky, though. watch very closely for action around 56.50.


--------------------

sept 55 puts were 1.15 and are now 2.90 (bid). sept 52.50 puts were .50 and are now 1.45 (bid).

my opinion is that this could be flipped around for some sept calls, but they appear to be too expensive. no sept calls interest me right now.