Replies to post #17376 on Zeev's Turnips Patch-No Politics (ZEEV)

[kensusman]

Yes, the Samsung deal (and the dropping of lawsuits between the two companies) seems to be the impetus for the recent rise.

KS

[jdaasoc]

I pocketed premium on both the SNDK AUG 12.5 short PUTs and 15 short calls so I didn't get a chance to establish anything for SEP Friday or yesterday. I am inclined to write short CAll at $17.5 if I can get $2 in premium since I feel I missed move upwards. I would sell PUTs on any significant decline which could easily happen if any brokerage firm covering it issues a downgrade.

Boy is this day looking like a turning point in market