CALM - I wonder how much longer the shorts can keep this one under control. I picked up a few shares and Aug 40 Calls @ 41.00.
Shares Outstanding - 23.71MM
Float - 14.23 MM
Short Interest - 15.22MM
About Me
- OE Trader
- I am a part-time trader focused mainly on momentum stocks. I use deep-in-the-money options to trade high-priced, high-flying stocks. As options expiration nears each month, I transition to at-the-money or out-of-the-money options to maximize the risk/reward of my trade set-ups.
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4 comments:
OE, so far so good with PFE (looking to add more)& INTU. I'm looking at ETFC...AUG 3's or Sep 3's-any thoughts?....oh and did you get stopped out yet of WAMU?
Did u see the volume on the CALM Sep 45's?
Nice! In this kind of market, it's good to stay CALM.
Darwin, nice work on those PFE calls! There was a great low-risk entry at 18.50 but I passed on Friday. The daily is looking good! Regarding ETFC, the brokers are looking bearish so I'd pass. Regarding WAMU, I got stopped out late in the day. I'll look for a decent entry once it trades back over the moving averages on the 30-min chart.
The shorts took CALM down again late in the day and my position with it. If/when the market rebounds, that will be the squeeze of the month.
Gio, I'm still reeling over the PCX move. That was a great short Friday and an even better one today. Glad you got a piece of JRCC and CSIQ, though.
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