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Re: OT - CIEN
Jon,
Congrats - Maybe not the absolute top, but it appears that you
hit a 'sweet spot' in getting .69 for your Oct stk 23 calls. Stock
quickly shot up to $23.09 or so, has now retracted to about $22.50.
Those calls now fetching .55 cents. I know a lot of the gain must
be Piper Jaffrey's very bullish note on the sector, citing CIEN as
one of the stars. But CIEN seems to be more strong than not lately.
So I'm tempted, but probably will wait and see if we can get some
follow-through and catch that kind of a wave again. CIEN reports on
Dec. 8th, so there's plenty of time to dabble.
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