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发表于 2009-4-20 12:28 PM
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Price action for PCLN has been strong, as the equity has gained more than
24 percent year-to-date.
This morning, PCLN pulled back to support from a key intraday trendline
presenting a potential call-buying opportunity.
There is significant out-of-the-money put open interest for PCLN. As the
equity continues to move away from those strikes, the short positions
related to this open interest may be unwound, providing an additional
tailwind. |
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