RM's occasional market calls...

Starting to look like ADT will unburden its bowels soon, especially if the larger market begins to turn. I've been liking how it stayed contained under 43 and failed to follow with the rally.
 
Not that betting against you has been a positive trade, but seems like you are better off buying delta through calls or stock than selling a 4 day put for a dollar. It can move a dollar before lunch time.
 
Looks ok, but I think I'd rather sell the 15P than anything ITM. Good to be in Jun7 at 175% vol, but the Kodak deal is a complete fraud. They supply a broken sample to testers? lol, this thing has $3 written all over it, but not likely by Jun7.
 
Quote from atticus:

Looks ok, but I think I'd rather sell the 15P than anything ITM. Good to be in Jun7 at 175% vol, but the Kodak deal is a complete fraud. They supply a broken sample to testers? lol, this thing has $3 written all over it, but not likely by Jun7.
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The thing is, the Uniboss situation is debatable, not certain by any means. While I think the naysayers (bears) will likely eventually turn out to be correct, the debate won't be resolved for a while.

In the meantime you've got 43% short interest and washed out downside momentum. I should be OK.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3816867>
 

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