Well you sure got a strong close today.. Hopefully your cash position stated earlier is a sign of your still bullish stance/2040 taken early next week because I took some longs home with me for a change.
Wouldnt take much for that to really jam the markets higher.. Seems all day the last 1-2 weeks have been nothing but stops being reached for in both directions.. Wheres the damn volume?
Zeev, re SNDK. I had buffered myself with calls finally just bot em back and sold today at 21.36 , should be a sign that it will zoom up for the rest of you that still are in.
Zeev, Has your view changed on SNDK? I believe your longer term target was $33, possibly as high as $40. I'm in since 23, but have a stop loss at $20.25. Any thoughts are helpful.
European style, meaning they can only be exercised on the expiry date. They can be sold or bought at any time.
Also, it would appear that my broker is mistaken about having to buy the underlying security upon exercise. Apparently, the Options Clearing Corporation just picks a short position to offset and sends them a bill.
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