RHAT and accounting method change …

RHAT drops like a rock after it announced that it would change its accounting method to calculate renvenues. I closed all the puts too early, but that’s kind of things hard to predict.

I went long in Aug 17.5 calls at 0.75.

RHAT and accounting method change …

RHAT drops like a rock after it announced that it would change its accounting method to calculate renvenues. I closed all the puts too early, but that’s kind of things hard to predict.

I went long in Aug 17.5 calls at 0.75.

IBM

IBM has been declining for a while. It is showing a bounce around 84, which may become the support. We shall watch it closely. The big support is at 80.