Search results

Nice trade! Time to lock profits?

Its a good trade anyhow. IV will not be that low for long!

HOT has extremely negative long term sentiment. Just a word of caution. :) :cool:

Yes it does trade slightly below its theoretical value ($0.69). But look at IV (19.9%) its way below normal (30%). Combined with relatively high delta (0.46) and good vega it its a good option to buy. I will buy it my self. Thanks for the tip. P.S. ABT did trade above $50 in 2002.

My gauges are sensing a positive sentiment build up.

Nice! :)

:D :D :cool: :D :D

Holmes is known to be moody and antisocial, cloistering himself in his rooms for weeks on end, brooding and indulging in his infamous drug habit. He started using morphine and cocaine as a student and became dependent upon his “seven-percent solution” of cocaine, mainlining it three times...

For what ever it worth. The long-term sentiment on PTEN is slightly positive the shorter-term sentiment (60 min to 1 day) is negative. :) Cheers.

Shit, of course! I thought you are completely naked! :D Good luck to you. Cheers.

I don't mean to undermine your strategy, I'm just trying to be helpful. :) If JCP goes to $50 before the end of the month your deficiency will be: - $5 from the 45 calls plus -$ 2.50 from the 47.50 call. = - $7.50. You have collected $0.90 + $1.70 + $2.80 = $5.40. It means that you...

Just got back from my doctor. With regards to your trade. If I may suggest: 1. Write 50 Nov Calls @ $3.70. 2. Sell 45 Nov puts @ $3.20 3. Buy back your 45 May calls. That is how I would repair it. You tight up your capital but you will have a greater chance to finish this...

Did not get filled. Canceled.

Writing GM 30 Dec Calls @ $2.00 Limit

What is your price target?

Filled. $0.15 profit. Looking to write ADBE May 60 calls to complete the strangle .

Buying AAPL back at $0.75 Limit

That is OK. ADBE does it all the time. I will catch it anyway.

Out of RIMM at $0.95. $0.15 profit.

I'm looking for the high delta and vega gong to be lower after I entered. If it does not work out I complete a strangle or a condor to be as neutral on delta as possible and start to hunt for the time decay.