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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (4636)11/30/2006 10:41:14 AM
From: Bridge Player  Read Replies (1) | Respond to of 5205
 
As of about 10:35AM EST today, I am encouraged by the action of the January puts on SNDK, the 45, 42.5, and 40. With the stock down .50 or so, there is no rush to buy any of these puts, with the pricing on them remaining quite stable.

That may suggest that the psychology is not all that negative and that the stock may be bottoming here, at least short term.


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