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Option Pin – OIH towards $150

Published on April 20, 2007

Option Pin – OIH towards $150

April 20, 2007

Stock pinning is an interesting phenomenon that repeats every month. OIH has given-up all the gain it garnered this morning and currently at the support area of $150. Seems like it is destined to be pinned around $150. As OP reader Chiu earlier mentioned, Google seems more likely at $490.

Profitable trading, OptionPundit

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