As you know, I sold my INFN shares a while back. I think that it is just a matter of time before INFN is taken over.  The company continues to do well in its segment, it is a doinant technology.  

On a side note, still related to INFN which may or may not mean much.  I noticed that David Welch, INFN's CTO, stopped/paused selling shares back in late April.  On average, he had been selling twice a month, 30K shares each time.   I tend to think that he sold enough shares that he is now better diversified, he kept 1.3M shares, not chump change, i.e. still a lot of skin in the game so to speak.  I believe this is a good indicator that he sees continued good times ahead, and is not in a hurry to cash it all out.

From memory:  When he started selling he had ~2.1M shares

 

 

I bought 1500 sh today and immediately sold to open the 22's for $1800. I also still have those 500 sh I have been holding forever that were left over from when I sold my shares from earlier. For this trade I think the floor is not too far from here and solid, and the chance for the price to stay roughly same or go up made me think I should do a trade where I can maybe make a few 1000 in less than a month with what I perceive to be low risk. If the stock does drop I will hold the shares (for now), but buy to close the options with the hope of rinsing and repeating.

MKM reports positive Infinera checks ahead of earnings Jul 17 2015, 19:04 ET | About: Infinera Corporation (INFN) | By: Eric Jhonsa, SA News Editor 

• MKM's Michael Genovese, ahead of Infinera's (NASDAQ:INFN) July 22 Q2 report: "According to our checks, 2Q15 was a good quarter overall for new [optical network] footprint builds in Europe and in the U.S. wholesale market. Additionally, there was strong capacity demand from CenturyLink and from Infinera's top Web 2.0 and Cable MSO customers."
• He also estimates Infinera's Cloud Xpress metro point-to-point interconnect solution (only recently began shipping) saw Q2 revenue of $10M-$12M, thus yielding 1H15 sales of ~$15M. On its Q1 CC (transcript), Infinera reported having seven invoice customers for Cloud Xpress, and talked up the long-term potential of the data center interconnect market, which is benefiting from cloud traffic growth. "It's a relatively young market today, few hindered million dollars and it's forecasted to grow to a few billion dollars over the next several years."
• Both Genovese and Jefferies' George Notter see Infinera topping its $200M Q2 revenue guidance midpoint - consensus is already at $201.4M. Notter adds he likes how Infinera's bid for Swedish optical transport hardware vendor Trasmode (provided it succeeds) expands its metro product line, and thinks the company could roll out a 1.2Tbps photonic integrated circuit (PIC) in October. Infinera's most powerful PIC currently tops out at 500Gbps.