OT - CIEN dec.
calls
OT - CIEN calls. Midpoint of Dec. 2nd stk 22 calls is .53.
Midpoint of Dec. 9 stk 22 calls is $1.07. Thought I might be going
blind first, although their cc is supposed to be on or about Dec.
2nd. Then realized the spread between bid/ask on Dec. 9th calls is
insane, making that number ...meaningless, I guess. I wonder
whether it will 'normalize' and whether there will be a premium of
risk for holding it through earnings. I'll have whatever's Jon's
having. I'm with him.
(And I'm probably the least entitled person to make political
comments. But the board has been eerily silent. Have you all moved
to New Zealand already? I've often mulled the grammatical nuances
of who is getting 'empowered' by the slogan "I'm with her", as
opposed to "She's with me." I wonder if had anyone in her campaign
not missed that, she might've won enough of the hillbilly vote to
win. Or maybe not - Maybe Jester was just right - the anger level
was high enough that people were willing to trash this country out
of spite. I share Jester's sense of being 'aghast' - we survived
Dubya because he was merely stupid. Can we survive a President that
is - no kidding - a primitive sociopath who is narcissistically
crazy?
Has this changed anyone's stock strategy? A company that patents
a formula to make food out of nuclear rubble?)
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Nate Silver had a good article on this. the polls were not that
far off. By the time all the provisional and other ballots are
counted, Clinton will win the popular vote by 1-2%. If only 1% or 1
of every 100 Trump voters in each state flipped to Clinton, Clinton
would have won Michigan, NC, Penn and Wisconsin giving her the
presidency and she would have won the popular vote by ~4% which is
exactly what the avg predictions were. Crazy, right?
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Author:
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breinejm
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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11/11/16 at 8:13 AM CST
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Calls are weird for CIEN. If you go out to Dec 16 they get
"normal" again, but are slightly bullish for earnings on Dec. 8th
(estimated).
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Author:
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breinejm
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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11/11/16 at 9:18 AM CST
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