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Rap Sheet

Author:

Jester Debunker

Subject:

Off Topic

Date:

03/03/16 at 2:33 PM CST

 

 

READ: 4

RPLY: 0

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Sentiment:

Neutral

Reply to:

MSG`#3461,`03/03/16
By LongTerm CapGains

 

Re: INFN and CIEN

Thanks for the heads-up on CIEN. I jumped in earlier to sell $16.5 puts expiring tomorrow for $0.22, and I'm certainly tempted to do more in this range. I'm always skeptical when analysts are pushing a company right before earnings, as we saw here. To me it always smacks of manipulation, like maybe getting their own clients out at better prices.

GME has been rising recently. I need to start looking for price ranges to sell calls.

Kicking myself for not pulling the trigger on LGF under $20. At an over 50% decline it was bound to rally soon but I was too chicken. That said, without a major franchise like Hunger Games (maybe a prequel coming) and Divergent wasn't that big and it's ending this month anyway, it's not something I'd want to hold onto in this market.

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