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Author:

Jam ok

Subject:

Off Topic

Date:

01/08/19 at 1:45 PM CST

 

 

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Sentiment:

Neutral

OT - NOK

OT - NOK - Being conditioned to see NOK breach $6, only to see it slide far back into the $5's a couple of times, I decided to option out about 40-45% of my position for Feb 22 stk $6 for .39 cents. If their CC at the end of Jan. says that their finally on track, well, it's a trade that ends with those shares in the black. And if it sinks below $6, it's a nice percentage-bump trade.

CIEN is making me slightly crazy. I figure the shares bought at $33 and optioned out at the price for Feb. are gone. I've been trying to option out about 1/2 of my 'core' shares for $1.74 stk $36.50 feb. 21st - but there really just doesn't seem to be much of a market for calls. Maybe that only occurs around CC time, but by the time I decide on the trade, it's sunk .20 cents or so. Happened yesterday, although one can't complain that on both days the stock has had a nice rise.

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