Gersh's Option trades Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gersh's Option trades

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark Johnson who wrote (633)	3/14/2008 11:24:06 AM
From: Mark Johnson	Read Replies (1) of 652

The Bear Stearns 65 and 70 March calls are bidding 35 cents and 20 cents respectively. The stock is down about 24 points. I don's see its stock turning around anytime soon. I like the idea shorting those calls with only about 1 week left with those options remaining. Don't think the companys problems will be resolved by then. The stock will be volatile but don't see it going back up right away.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next