### Comment:
just saw the percentage of the shares owned by institutions and its pretty ridiculous. You thought about buying some calls after cashing out on these puts? I can't imagine they won't start buying back immediately after the dip since mutual funds love them some old people companies  
  
 edit: Probably end up being a day trade and if they drop anywhere near ~5% like on the last ER then there will definitely be some room to recover intraday similar to how they did last time

### REPLY:
If it's like last time it'll recover most of the losses in a day or two. Unless they fuck with the dividend then I have no idea what the funds will do to adjust their holdings. Could be an even bigger drop :) 
  
 I'm not playing games though, I'm taking profits at open and I'll keep an eye on it for the next few days and maybe make a short play up or down. If it's just more bad news but they keep the dividend, a short term call is probably good money.

### END.