06-15-2012, 10:02 PM
With as many bulls as there are Tree, and with as many shorts as the near 9.9 million or so I last read, I think it's near etched in stone that whatever direction we take will be HUMONGOUS when it happens..I say it's huge UP.That's my bet, and am adding to my jan 2013 120 strikes today..Note I sold 120's(covered calls) two years back(I think 2-years) for near 14 per contract and at about the same time in the year with regards to time available left on them til expiration..They seem extremely cheap and I am betting such they are...just think that because we have not gone up huge today(yet perhaps), they are slightly cheaper than last week..very exciting times indeed..