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Strategies & Market Trends : Option Strategies

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To: alanrs who wrote (1810)	10/26/2016 5:04:59 PM
From: robert b furman	Read Replies (1) of 2591

HI al, Earnings are announced tonight but I haven't found them yet, teleconference tomorrow morning at 10:00 ET. You split the bid ask perfectly bid 1.20 ask 1.30 todays volume was 7 contracts - nice work. I sold June 2017 25's for 2.50 that bumped the bid ask up to 2.55 - 3.10 - yikes. They have said it will take to 2018 for the new plant to be up and running at an efficient capacity. This is a solid little company taking on some debt to get much bigger so there is a lag - but everybody needs toilet paper.LOL Bidding for the extra capacity is ongoing now. Glad to have you along on this companies puts!! Bob

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