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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

02/06/18 at 1:28 PM CST

 

 

READ: 4

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

OT - INFN calls

OT - INFN - In the latck of better info, this seem temptingly crazy - INFN is up now 9% while the market is in the red. If the report is true, they report earnings tomorrow. If you sell the Feb. 16th (I think) calls, stk $7, the midpoint between buy and ask is .48, which is a bit over a 7% return. I hate making trades when I can't understand what's driving things. But it's pretty tempting, as the 9% gain as of now plus 7% if you write the calls - 16% gain on the play? I still wouldn't be in the red, but it's tempting. If anyone knows what the deal is with this, chime in now, thanks. I'm going to check it, but I think tomorrow will be too late - unless the stock soars, and one can get an even better return. Why would it soar?

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