Seeking Alpha
  • Joel M
    Lockup expiration for JIVE Monday! Expect to mirror GRPN, LNKD, KORS, ANGI, ZNGA and all others that tanked into that event.
    6/5/12
    Reply (8)
    • Joel M: Puts are somewhat illiquid, so do DD. Outright shorting shares is doable too. Looking for Monday price of $14-15, possibly lower.
      6/5/12
    • Two Arrows Trading: Into the event or upon the event (Monday)? Thanks
      6/5/12
    • Joel M: My recommendation would be to sell end of day on Monday (day of expriation), if not intraday. Looking for the 14-15 price after the event.
      6/5/12
    • Joel M: Worst case scenario is 17 after the event, which would necessitate a >10% jump over next 3 trading sessions.
      6/5/12
    • Joel M: Best case scenario is probably around 13.50, which would necessitate very serious and heavy short selling.
      6/5/12
    • Joel M: Fits my risk/reward profile for quick trade. Please do DD. And good luck to you one way or another TwoArrows.
      6/5/12
    • Joel M: Went short around 16.50 if you're looking for my start position. Hard resistance today at 17. Don't think it breaks that.
      6/5/12
    • Two Arrows Trading: I really like the set up, but I trade options and the volume is a little light and the bid/ask spread to large.
      6/5/12