It is actually shorting OVTI
since you cannot short,
may 15 put is the best bet
buy at open
sell in the afternoon for DT
doesn't work out now, the better entrance should be around 11-12 after EK's conference call
update: per friend's suggestion, I didn't put it
since the reason for the run-up is primarly EK buyout rumor again, once this rumor get busted, it will drop to retest 14.2 support, that's why I called sure money
if you put it above 15.3, then good, however I didn't do it.
Thursday, May 3, 2007
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1 comment:
I saw your suggestion and rush to buy put. However the price has already dropped to 15.1-2. Don't wanna spend 1.30 for a $15 put. Miss the opportunity.
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