Search results

Now is a graet time to take profit. I closed all my naked PUTs with great profit and sold all my shares. There is no deal yet and all is still rumor. While I am still bullish on YHOO but I believe it will retreat below 16 again to give a better entry opportunity. I don't recommend shorting it...

To put my money where my mouth is I shorted 10 SPY Call 135 expiring tomorrow.

Agreed and by my correction prediction, I was not that pessimistic. Just a halt. Just a small pull back. I am very sure about it but hey who am I?

By SPY I meant the general market. Market showed its exhaustion by the way it responded to the CSCO earning.

I see a slow uptrend that I intrepret it as it does not have a conviction to go up any further and is exhausted. In this situation I don't expect a crash or a big correction. Just about 1.5% down in the next few days.

Expect a correction=drop very soon. Maybe today. SPY is up about 0.2% as I am typing this.

Now I am also selling naked PUT 16 for March.

Now the trade is to sell Call and PUT for 16 for tomorrow's expiry day ( I highly discourage novice traders doing this trade) If YHOO moves sharply in one direction, you are cooked. I will sell at 16.10 and will start to buy at 15.90 and lower. I believe YHOO will close at 16 tomorrow.

Volme was not there. If it was a real deal, we should have seen at least 5M+ shares traded before the bell. It was barely 500K. By the way, I was buying AH yesterday (on Wednesday) when the stock was dropping from 15.78 to 15.70 as the volume was not there either. Only 44K shares traded AH...

YHOO is up pre market. Now I am selling my sharest 16.10 and higher. Anything above 16 I am happy. I will unload my shares as I believe it will retreat again.

90% for the last 5 months.

Another possible big announcement by YHOO tomorrow.

http://finance.yahoo.com/news/chairman-3-others-yahoo-board-225633241.html Also check out the price action AH. It might hit 16. 10 million shares traded in the last two hours of trading. From 3.5M to 13.5M shares

Check it out. It is 1:41 PM ET and YHOO is down about a couple of cents but look at the volume. It is less than 3.5M. Very very low. It is a proof that there is absolutley no selling pressure on this stock making it ready for a pop.

By the way YHOO is outperforming S&P the last few days. Don't expect a linear uptrend from YHOO. wait for a POP.

Another great trade would be risk reversal. That is buy Call 16 for Feb 17 and sell PUT 16 for the same time. You can do it for credit or do it even in ratio (sell one PUT and buy 2 or 3 calls) PUT is 38 cents and Call is 17-18 cents as I am typing

I saw lots of wild buyings AH and before the open @ 15.95. in the last couple of days. About 100K shares chunk. They were not small trades. When YHOO drops it drops in a very low volume.

I noticed very unusual activities last week. Stock is nervous. Watch for a big pop soon. I am all in. Stock is trading above 50 and 200 Day Moving Average now. Downside risk is limited and the trend is bullish.

There no such a best stock broker that suits everyone. It depends on what kind of trader you are and your trading frequency and trading style and your fund.

Facebook will need YHOO to come out clean or competitors might buy YHOO to challenge FB. http://www.cnbc.com/id/46204987?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo