Recent content by Multioption

Hey Forex-Forex, I appreciate your critique, actually I've learnt so much about humans (still learning though) especially on web forums and I'm using the acquired knowledge to be a better person. I hate to admit it on this forum considering that a couple of friends lost money on AMD trade...

Wonders, they say, shall never end! Okay! For your information: I got stopped out on AMD at 1.40/contract after setting a 0.30 trailing stop the day it got to 1.70. I was down with fever and had to go to the hospital a day before my trailing stop was hit. Regrettably though, I couldn't...

Be infomed that I will duly update on AMD trade. I'm long 150 contracts of AMD July 37.50 Call bought at avg 1.60/contract. :)

That's a good one....one more to go. :)

I suggest you post 2 options' strategies that are risk free.

Hanging on to AMD July 37.50 Calls! Will update when I close the trade.

I'm here...would love to continue posting on the original thread but for some ET members.... I will update on AMD when the position is closed! :) My expectation is for AMD to trade at 36+ by May06 ending.

LOL

What's all this nonsense about? I guess closing this thread until I'm ready to update is a good idea!! You guys can check back third Friday of July because I'm not going to close AMD, no matter what!

I'm watching the intraday like a hawk. It is dicey at this point to forecast price movement! Will update promptly!

I may decide to sell some May contracts against July 37.50 Calls! AMD's fate is hanging on INTEL's report on Wed.

More contracts were added to reduce cost basis in preparation for adjustment....

Update: Cost basis averaged down to 1.60 Total # contracts: 150

Cutting losses is not the only available option. Position has not been closed yet! :)

You wish!! Why would that be? Perhaps you should come back after July expiration! :p