DNDN Option Help

spindr0 · Apr 28, 2009

How is now the idea of writing a call on this stock while sacrificying gains from $5 up to $20?

PS: How about the opinion of that bagholder outhere who did not warn the OP, and he likes to say s/he specializes in options (for losers?)?

Anyone know if ET provides a jibberish translater?

monk3y · Apr 28, 2009

Quote from riskfreetrading:

stock just fell from 20s area down to 10 dollars area. Closed at $11.81. Low as $7.50.

How is now the idea of writing a call on this stock while sacrificying gains from $5 up to $20?

PS: How about the opinion of that bagholder outhere who did not warn the OP, and he likes to say s/he specializes in options (for losers?)?

LOL it's back up to $27/share champ. You still short at $19? GG

FX_Capitalist · Apr 28, 2009

lol whoever dumped it got owned.

newguy05 · Apr 28, 2009

Quote from monk3y:

LOL it's back up to $27/share champ. You still short at $19? GG

no of course not, he sold it in that 10 sec right before the halt, at the lowest possible point on the graph, and made HUGE profits.

now everyone go read his blog and be awed by the awesomeness that is riskfreetrading

riskfreetrading · May 2, 2009

Quote from monk3y:

LOL it's back up to $27/share champ. You still short at $19? GG

We shorted it in pre-market on Wednesday ABOVE $28. It sank within minutes to $25. Too bad we covered so quickly with the plan to re-enter again at $28. I am still waiting for it.

gody3 · May 2, 2009

Quote from riskfreetrading:

We shorted it in pre-market on Wednesday ABOVE $28. It sank within minutes to $25. Too bad we covered so quickly with the plan to re-enter again at $28. I am still waiting for it.

Riskfleagbag's trading consists of buying everything at the bottom and shorting at the exact top... like Goldman Sachs, Citi, and BOA at their lows and DNDN at its high. He will continue to do that regularly and will tel all about it long after the fact!

It's called Live Trades A Week Later

riskfreetrading · May 2, 2009

I have the trading record.

So, it is true that we shorted it above $28, at around 9:20AM. We covered in the first 10 minutes after the open. I wish we made more size, and also that we held longer. We were counting on rebound to reshort it, and for the size I got somewhat corrupted by the idiots here who were explaining the greatness of this stock. I also had some questions on whether I should conitibute to short a stock working on a good problem. If it were one of the stupid applications, I swear I would have bought a ton of puts, to go after the destruction of the bulls for the sake of punishment even if I were to take an above normal risk on size. One thing I like when idiots add insults in the middle is that it strengthens my heart to hit them without remorse: it makes the money earned. I wish I had enough insults. It would have pushed me to stay the course.

If that stock goes back in an area when it is at the top, I will be there, but this time with the size to hit you hard so that you understand.

newguy05 · May 2, 2009

Quote from riskfreetrading:

I have the trading record.

So, it is true that we shorted it above $28, at around 9:20AM. We covered in the first 10 minutes after the open. I wish we made more size, and also that we held longer. We were counting on rebound to reshort it, and for the size I got somewhat corrupted by the idiots here who were explaining the greatness of this stock. I also had some questions on whether I should conitibute to short a stock working on a good problem. If it were one of the stupid applications, I swear I would have bought a ton of puts, to go after the destruction of the bulls for the sake of punishment even if I were to take an above normal risk on size. One thing I like when idiots add insults in the middle is that it strengthens my heart to hit them without remorse: it makes the money earned. I wish I had enough insults. It would have pushed me to stay the course.

If that stock goes back in an area when it is at the top, I will be there, but this time with the size to hit you hard so that you understand.

your only call was on 4/20:

Quote from riskfreetrading:
We shorted this stock between $19 and $20.

the stock then gapped to 28.

Now you are saying you shorted at 28.

Show the trading record or stfu and go pollute somewhere else

dagnyt · May 3, 2009

Quote from riskfreetrading:

but this time with the size to hit you hard so that you understand.

You are planning to base the size of your trade on the amount of ridicule you receive here?

Even you must grasp the insanity of such a plan.

Mark