The 24$-26$ range is reasonable A 24$-26$ pre-result price is reasonable.
The three last months offered a nice run. From 18 $ to 24,50$, a huge 36% hike.
I began to unload my options this morning, cashing a lot of money, buying other stuffs.
To be clear it's time to be more cautious for me, beginning to reduce my AC exposure. I still have a large position, planning to sell more if the shares go up again.
Is AC still a good bet ? Sure it is.
But at 24,50$ it is no longer the best Risk/reward proposition. But still a good one.
Now, Let's see the results and the market reaction.