options, page-11

re: options-questions lol...

Now...where is my to do list?

Oh...here it is...

1. Wait for a period of inactivity, indication indecision from the market. (tick)

2. Move a few orders around on both the buy and sell sides of the depth, just to see what the response might be and in the process, creating a sense of expectaion in the minds of the market watchers...(tick)

3. Pull all your orders from the buy side and place a few sell orders just above the market...oh yeah, don't forget to ring your mates letting them know what's about to happen...(tick)

4. Dump just enough shares to clean out 2 levels of buyers...lol, about 3m should do the trick...(tick)

5. Trickle out a sell order into the next level down...(tick)

6. Fully stack the sell side, gradually increasing the volumes as it becomes clear the market has sh!t itself and will not hit your sell orders...(tick)

7. Now carefully...very carefully...reach for the butterfly net and start scooping up as many butterflies as you possibly can at lower levels...all the while, taking as much care as possible not to scare them away...(underway)

I wonder how patient the buyers will be and/or whether they will be disciplined enough to let a few more "butterflies" fall into the net before re-entering?

Might depend on how many jump in to spoil the show?

lol...I might even put in a few sell orders as well, just to really give it a good test.

Should see 2.4c tested here...and I expect support should be confirmed here once again.

Might be a little tough for any t+3's who entered today, but I guess that's the benefit of trading with your own money?

Be smart people...if you can afford to...the record date is not that far away and clearly "they" want your stock!

Cheers!