|
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?
|
|