Replies to post #103328 on Zeev's Turnips Patch-No Politics (ZEEV)

[mish]

Actually there are an unbelievable number of calls on TYC at 15.
50k+ for a POS like that beats MSFT volumes many months (for a single near strike)

Do not know what to make of it.
It is almost as if someone knew that bad news would be bought (but not sure why).

I would wait to see how high this POS gets.
TYC has given me troubles.
Seems to like to channel btw 12.50 and 17.50 over large periods of time. Perhaps there is one more push up in it.
There is no "options resistance" above 15 unfortuantely.

Hitting it at the top of the channel is safer, or if it starts stalling or acting weak, max pain would suggest a pullback to 15

Good luck whatever you do

M