We are in the 3rd day of trading since the big announcement.
I suspect those wanting to take profits from the recent run are almost done now, and those that bought on the open on Tuesday for a quick trade have probably mostly gone now with a small loss.
There has been relentless selling around 47 cents for the heads and 20 cents for the options. But equally, quite a few buys over the top of the buy depth so there is some accumulation going on.
On balance, it looks as though we should be able to move up from here.
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We are in the 3rd day of trading since the big announcement.I...
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