My June 3rd calls will likely go to ZERO. Doesn't change the overall target of $28 so I have repurchased 100 July 1st $18 calls with target of $28 in mind. 1/2 position will add on weakness> I believe we should have another 1-3 weeks of bear market rally provided no major events derail the markets.
Commento
⋅
Added 100 more calls on this mornings drop. Still way oversold, still expecting bounce to $25-28