|From: hy_hawarya (Rep: 317)||Date: 01/16/2015 10:31|
|Forum: RF Micro Devices - Msg #1242||Thread #673723027 (Rec: 0) |
|Bought some puts that expire today that will likely close worthless BUT there is a bid on them and a tiny bit of volume has even surfaced at .30 this morning. The strike price is effectively $60 on this new ticker at was formerly a $16 strike for RFMD. The stock's price is $64.32. Makes me wonder if it's gonna crash sometime today? Heck if I know. |
But if anybody is long this ticker just thought I'd throw that out at yeh in case you were wanting to bail because I don't know why on expiration day there would be a market redeveloping for these puts with so little time to have value and with the price being somewhat higher than where this strike price is.
So, if anybody actually read that? Lemme know what your thoughts on it are and whether I need to pay attention and babysit these before eod. Otherwise, I gotta bunch of work to do elsewhere and pretty much figure these are going to expire worthless. The other part is, this is just trying to put notice to anybody reading who's in it that if you're leaning toward exiting but undecided? What do you make of it? I bought the puts only because the chart was really high-up with the oscillators I use, not because the company is a bad investment. Just figured it might pull back in a bloody market and this hasn't happened. And now there's this curious bid and tiny purchases. fwiw...
Mark Twain --- "If you don't read the news you will be uninformed; if you read the news you will be misinformed."
Thomas Jefferson — 'The man who reads nothing at all is better educated than the man who reads nothing but newspapers.'
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