News Focus
News Focus
icon url

tacky

04/01/03 12:02 PM

#13608 RE: ttran #13607

EXPE now trades based on USAI. 1.93 x USAI stock price.
icon url

jenna

04/01/03 1:43 PM

#13625 RE: ttran #13607

EXPE and ROOM. I know that typically traders will look for a bounce to go long. The ROOM 60's and 55 puts would have been fine. I am now sure now, the April 60 and 65 call will have more volume than the April 50 puts or the April 55 puts which are still at too high a premium (April 50s are okay at $1.20 but remember its best to short at the beginning of the breakdown. Once its 'too obvious' the potential for gains lessens. I have been noticing in the last few sessions traders going long on top of rallies and shorting at support.