Check this out yes was a brawl today but between 1-2pm today CALL vol really jumped...I looked at forward months and there seemed to be no roll out into next week or into Mar and I know you know this one well this type of action correlate with anything.....
good or bad I do not care just the truth......
but ex. single 550 strike trade of 200 contracts @.95 on ask and strikes under that about the same in a matter of an hour....it had it's on screen when I saw the battle brewing at watched till it closed....just seemed early for a "throw in the towel" trades esp OTM and it is/was Tuesday
Agree %100. Will be grabbing PCLN calls as soon as I see the bottom as the 27th draws near.
What are your thoughts on BIDU for next week?
Their EPS and REV estimates are high, but I read where china has been restricting alot of the online pay-per-click. Still trying to read the tea leaves on that one.