This stock has been getting a lot of hype lately without actually earnings money, all forward statements.
The question is, will this continue to climb. The RSI says no, and I think the stock will take a break over the next few days especially since the volume has been pretty weak on todays climb.
We do a put:
ADXS Dec 2014 5.000 put (ADXS141220P00005000)
-OPR
1.75 0.00(0.00%) 12:51PM EST
| Prev Close: | 1.75 |
|---|---|
| Open: | 1.75 |
| Bid: | 0.35 |
| Ask: | 1.05 |
| Strike: | 5.00 |
| Expire Date: | 20-Dec-14 |
Now remember, we are not in at the 1.75 price, that was the previous price. The current price is now between the bid and the ask, so we are in at .70.
My call on ONTY was spot dead on. The stock dropped 9% today. However, the options didnt move. I am looking into why that is this afternoon. But due to expiration coming around we got to dump it. The bid is 30 and the ask is 40, so we are out at .35.
ONTY Dec 2014 2.000 put (ONTY141220P00002000)
-OPR
0.30 0.00(0.00%) 12:59PM EST
| Prev Close: | 0.30 |
|---|---|
| Open: | 0.30 |
| Bid: | 0.30 |
| Ask: | 0.40 |
| Strike: | 2.00 |
| Expire Date: | 20-Dec-1 |
Thats all for today, more tonight.
Mark
.png "English"){kind=small}
0 comments:
Post a Comment