Friday, May 15, 2009

TIVO looking to have an interesting expiration

Rumor has it there is large open interest activity surrounding the 7.50 May TIVO strike.

This looks like it could a pin risk, but if they do exercise it would account for a HUGE increase over the average trading volume. This could for sure affect the share price.

P.S. The futures are up. Why do i bring this up? because i think they are gonna gap the market up tomorrow and close the gap and keep selling into the close.