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Hypi

03/28/14 10:31 AM

#170158 RE: skweze #170152

Wrong as most March options were purchased for .20-.25 where they pinned the close on OPEX. Those that exercised their options on OPEX were smoked as the stock plummeted the following Monday and then went below $2. Anyone in March options were smashed unless they were mart enough to sell on the run up to $3, though the open interest on the options after that run was still very high. That tells you that most people didn't take advantage of that short term spike. Jan, Feb and Mar options were all sucker bets and it appears April will be the same as most buyers paid .20-.30 a share for the April $2 a few weeks back.