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Strategies & Market Trends : Classic TA Workplace

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From: The Freep	7/27/2005 9:56:10 AM
	Read Replies (3) of 209892

This is classic. I was looking at AKAM yesterday, before I realized it had earnings (they beat). I like this kinda rectangly consolidation at the highs, with multiple hits at 15ish. Anyway, stock was at 14.5 and August 15s were .5 x .6. Today, after earnings, stocks is up to 14.8... and the same options are .45x.55! Interestingly, I still think it's likely to break up there. Anyone else have an opinion on AKAM? I was also looking at SBUX... but THEY have earnings today. As IHSC says, it's sometimes easier when earnings are over....

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