Yesterday my Oct17.5puts will have action today... i think there will be a follow throught tomorrow. i will set a tight stop in the end. or sell half the position.
Out of my list, I am narrowing my focus at sessions end:
-ETFC: possible buyout, Q probably stinks
-JBLU: risk/reward on cheap puts(aug/sep/dec)
-SKX: aug22.5put or oct20put, possible bad earnings & legal battle with CROX
-EMC: relatively cheap strangle, VMW losses hurt bottom line. altho they have a pending data backup deal in play.
less 1/2 hour to open
Monday, July 21, 2008
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