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Author:

Jam ok

Subject:

Conference Call

Date:

10/29/19 at 1:20 PM CDT

 

 

READ: 4

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#5005,`10/29/19
By LongTerm CapGains

 

Re: OT - NOK

lt cap,

Thanks for the input. I looked at options, about a month out, and at a strike of $3.50, the premium was about .22. Given the amount of shares I had, that would be of some

significance. But I also looked at today's range - $3.50 low $3.61 high - and pondered how low it might go with no immediate drivers. And, I thought the Marketplace article I

posted on the reasoning behind a slower rollout of 5g than expected (their prediction is that things won't really start going mainstream till 2022) was interesting, and made

some sense. So, in the end, I just decided to cash out at $3.60. 

Curiously, CIEN is trading at $36.35 - I don't think it's been that low in a while. I'm tempted, altho the boat is loaded. Typically, they've slumped with reports like the one

NOK came out with, although last CC they did warn about margins. I think I'll take a look at what call premiums look like so far.

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