YHOO April Call 16 Options

Discussion in 'Stocks' started by hajimow, Apr 19, 2012.

  1. YHOO is at 15.51 now ( 10:14 AM Thursday). call 16 that will expire tomorrow should worth no more than 1 cent specially we are after earnings and volatility should have come down but strangely it is traded 5 to 7 cents. Something should happen imminently or some investors are burning their money.
  2. Now YHOO chart screams it is a buy. I am in by selling naked PUTs.
  3. check out price action on YHOO todayn something must be happening. Rumor is that FB is settling the lawsuit in cash.