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OT - CIEN
OT - CIEN - Both the stock and the options suddenly picked up
steam as the market again headed upward. I ended up selling 5 CIEN
calls for 2/22 stk $36.50 for $1.74. CIEN should be reporting
earnings in early March.
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Wow, CIEN looks strong this morning. Look at options 1 month, 3
months and 5 months out. Some of the premiums make me think
some folks expect it to be ~40 in a few months and maybe low to mid
40's in July. Of course those numbers will change with stock price,
but at this snapshot in time, it is bullish I think that some folks
are willing to sell those sort of premiums for those
strikes.
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Author:
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breinejm
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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01/10/19 at 11:12 AM CST
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