Would not expect the quiet day trade of yesterday to continue through expiration. We have options expiration today and then the contract (storage) on Thursday — love it when that happens. Would expect $2.50-$2.60 in play for expiring calls — the put contracts may not get exciting until $2.25. Go back to what I mentioned in the Weekly that the seasonal weakness (week either side of Labor Day) is one of the weakest of the year and if prices don’t go down during this period they are going up.
Major Support: $2.162, $2.089-$2.055, $2.029-$1.937, $1.86, $1.527, Minor Support:$$2.499-$2.43, 2.377, $2.255, $2.102, $1.975, $1.719 Major Resistance:$2.51-$2.54, $2.588, $2.709
