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3xBuBu

10/31/10 1:56 PM

#62200 RE: I Like Bottom Fishing #62199

very interesting,
ANDS is in diving mode right now, hope these series of presentation will save its butt,
which option plays are you looking at now?
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leemalone2k3

10/31/10 11:19 PM

#62209 RE: I Like Bottom Fishing #62199

When dealing with a 1.45 stocks it's probably better just to trade the stock Tony. You're looking at a huge premium you gotta pay to buy ITM with IV at 263%.

Also there is practically no volume or Open Interest on the Nov options.


If anything, It looks like the best option trade would be to sell naked puts (but only if you are willing to own the stock,IMO.