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BlissBull

02/01/08 9:57 AM

#31453 RE: bobjack #31443

yes bobjack, the XLE price target is 83, so the option would go to 9 (I have a GTC order in to sell at 8)... I expect the top to come just a day or 2 before opex... in the meantime, if the XLE is trading between 72 and 72.50 near the close today, I will "roll up" the 70 calls as well... (we are due for a "runaway upgap")

MAJOR RALLY TIME!!!