Wednesday, October 17, 2007

 

Another

Just as I finished my last post, bang, another alert. This time for AME. Call option play would be $35 Mar 08 @ $9.25 (huge spread) giving a extrinsic value of ~3.8%. A little high for my taste. I will look at the stock in the AM to see. Alert was for $42.50, stock bounced right off that value, but still has time to drift lower...

For now,
Masterjaz out

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