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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

01/07/19 at 1:00 PM CST

 

 

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Sentiment:

Neutral

OT - NOK

Things have backed down a bit from earlier today, but I was noticing that NOK reports Jan 29th, and the difference in calls from Jan 26th to Feb. 1 is quite substantial. I did put in a .34 bid on NOK stk 6 for feb 8th, but it didn't get taken, the numbers just got re-arranged. Part of the problem is the number of contracts one needs to sell. I was trying to option out about 40% of NOK, as the net between the premium and the price was about .27/share. I'll probably look to see what might work in the time period,but the market is off the highs, so I'm hoping for an end-of-day bump.

CIEN was up to $36.20 at the top today! Didn't act fast enough to sell some calls, and it's now about $35.70. But the sector is getting a large bump on most names.

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