looks like a good options trade developing

Lots of active buying this morning, could be related to option ex yesterday, but the stock seems to be well supported @ 8.00 on the chart (not on MD)

Hit and Bounced from this support line in the past on a number of occasions
20/8/08
1/8/08
14-17/9/01
13/6/00
10/1/00

Could go one way or the other on that data, However the money flow seems to be spiking in the last month, indicating a high flow of money into the stock...

So that said i am looking to make a long term play to the upside, with insurance to the downside.


What are other people thoughts on that massive dividend? has the company not got better things to do with their cash than pay shareholders?

Disclosure: no position yet. but i have a slightly bullish sentiment