3 replies to this topic

[da_cheif]

options suffer from time decay .......there are stocks unless the company goes belly up that are priced low and are therefore similar to options but in one way are better ..;.......they never expire.....msft was once priced like an option......so thats why we once in awhile take the monstrous sma we have in our margin accounts and use a small piece to look for the next low priced option that never expires..........something like POET @1.40

[steadyquest]

Does appear to have put in a bottom - and the weekly RSI and PPO are coming off extremes

 

But the daily RSI and PPO remain close to extremes in the other direction

 

If the 'buy all things' rally continues into a blowoff then the technical picture could support a return to the pivotal 6$ level, but the company is a very small fish in an ocean of trillion dollar whales.  It may have designed a better mouse trap, but is it something needed by industry or just a (more expensive?) option to an existing solution?  Wonder why it hasn't been bought-up yet If it holds valuable IP - is the share price still too high?  Any comparison to msft at this juncture seems preposterous.

 

[steadyquest]

"they never expire"

Well, vroom has yet to go belly-up, so this should come as good news to folks who bought shares at the crash 'bottom' of 8/21.

[da_cheif]

horendous volume the day of the low