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I was short ADI as it was an overvalued stock. On Monday I sold 16 naked Call 65. Because of LLTC result, ADI is also down and an analyst front run this report and downgraded ADI to take credit for today's price action. I believe ADI will hit $60 in the next couple of days. So if you are looking...

I agree. I am a very very bad man.

Check out my calls on AAPL and MSFT and trade idea. Simply perfect but I did not do those trades as I don't get distracted to trade on different stocks http://www.elitetrader.com/et/index.php?threads/discussion-on-stocks-with-earning-reports-due.292913/page-5

I already answered the legality of the issue. If you go and ask HR that can you short the company's stock? the answer would be NO but I would do it and I also responded the company wont care about a low or medium level employee shorting a few thousand shares of the stocks and I also mentioned...

The reason that many employees don't do it is not because they are ethical people. It is because they don't know about options and how short works and they don't care and just wait till the options/stocks gets vested and most of the time they do the wise thing and get more money. Even if want to...

why trade Mutual funds? Most sector mutual funds have 90 day trade period. For general mutual funds you can find their ETF equivalent and trade them. You can only sell mutual funds at the closing price. Many traders do it in big dollars. The platforms which are good for future trading are not...

he did not say he works for a financial institution. What you say is only true for brokerage employees. I don't think that an IT engineer working for a bank should declare his positions. He also said he does not have insider info and he is nobody in that company. The fact that he mentioned in a...

Unless AAPL is not halted before earning report, you can short AAPL now at 130 and put a buy order at 120 good for the day and 95% it will hit it even after hitting 120, it goes to 140. Once again I am not trading AAPL.

Who is betting AAPL will drop $10-$15 AH after report? MSFT should also drop.

No need to ask HR. There are restrictions and rules. You should just do it and not ask. The size of your trade is nothing that might affect the stock.

I am sure because I have done it before and not once and twice but over 1000 times. Shorted stocks, traded different strategies on options in the company that I used to work and nothing happened and their policy was we could not short it but we could buy as much as we wanted !!. Many people were...

Companies "discourage" employees shorting their own shares. Since you are a regular employee and do not have an insider info, my answers that I am 100% sure are: 1-NO 2-NO 3-NO The rule is that don't tell it to your colleagues and don't congregate in the company hallway and talk about it. Head...

You can buy a call spread on volatility options. You don't need to do it on SPY PUTs. The idea is to reduce the cost as you or anyone is not sure and want to reduce the cost so you can do it for future time slots of the one you picked did not work.

Quarterly numbers will be released on Thursday before market opens. From what I hear is really bad. US sales down 2% again. My today's trade is attached.

22K contracts of gold was sold in 15 minutes.

Gold future dropped over 4% . Now down about 2.5%.

what is the story behind Gold future dropping almost 3%

Can you open an IB account and short Korean stocks in your IB account?

They just ask you "do you know options?" "How many years have you traded options?" and you can put some numbers and you get approved. The broker will believe what you tell them and then it is your own responsibility not to screw up your account.

Earning calendar for coming week from marketwatch. Amazon is interesting. Loss again.