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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 659.00+1.0%Nov 21 4:00 PM EST
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To: Clint E. who wrote (27399)7/21/2000 4:58:11 PM
From: Johnny Canuck  Read Replies (1) of 68211
 
I bought a partial position in TXCC for a possible post options expiration pop. It got 3 upgrades today with targets of $135 and $150. It announced a split. Looking at the options, it need to finish between 85 and 90 to cancel the most calls. There is not much put open interest. Close was 84 1/2, so mission complete for option sellers.
I still need to hear the call, but on the surface the numbers look good.
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