Trading on TXN

Discussion in 'Stocks' started by hajimow, Jun 12, 2007.

  1. hajimow

    hajimow

    I believe based on the yesterday's mid Q report from TXN, and the current price of 35.37, and the fact that this Friday is the option expiry Friday, it seems it should be a good short bet with a cover price of 34.80 to 35.
    Another good trade can be to short both PUT and CALL for 35 for June.

    Anyone agree or disagree?
     
  2. I'm a TXN hater too. Like it to at least fill the gap down below.