Post #16914 by alan81 on the US Policy board

Always treat others with respect and kindness, even if you disagree with them. Avoid making personal attacks or insulting others, and try to maintain a civil and constructive tone in your discussions.

- Manlobbi

Halls of Shrewd'm / US Policy

Unthreaded | Threaded | Whole Thread (5)

Prev | Next

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 2

With a beta of almost 6 the option premium should be HUGE. There was a lot of shorting when the stock was in the $50-$60 range, and with short covering here around $35 somebody is making lots of money. I would still value the stock somewhere around $15, so I wouldn't touch it yet. The only play I see would be buying some puts, but as mentioned above with the huge option premium that is unlikely to net much.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (5)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.