Earnings: IC vs Short Strangle

[ForexForex]

Quote from newwurldmn:

Don't forget the Google earnings call where he changed the trade from long calls to long puts at 4:15.

Do you have a link? Post any concerns in the proper thread.

 

[kinggyppo]

Quote from newwurldmn:

Don't forget the Google earnings call where he changed the trade from long calls to long puts at 4:15.

He +1 his own comment, who does that?...hysterical..

 

[kinggyppo]

Quote from kinggyppo:

He +1 his own comment, who does that?...hysterical..

+1 tee hee!

 

[ForexForex]

Quote from ForexForex:
This is the trade I would make. Buy VVUS Mar 2012 16.00 calls @ $1.11 or whatever the price is on Tuesday, Feb 21. VVUS price target $20.00+, easy 4x gain on the options.

Quote from newwurldmn:
Why do you say that the stock can go to 20+

"A picture is worth a thousand words"

 

[traderlux]

Quote from ForexForex:

"A picture is worth a thousand words"

+1,000,000

 

[babutime]

I think newwurldmn asked why you thought it would go up $10...

What was your rationale?

 

[atticus]

Quote from babutime:

I think newwurldmn asked why you thought it would go up $10...

What was your rationale?

Coin flip. The guy makes nine_ender look like Niels Bohr.

 

[babutime]

Quote from atticus:

Coin flip. The guy makes nine_ender look like Niels Bohr.

BAHAHAHAHAHAHAHAHA

Made my day... apart from the $1000 I cha-chinged from a vertical...

Speaking of scientists... I believe it was Galileo's bday last week.

Here in ET, the sun still goes around the earth...

 

[newwurldmn]

Quote from ForexForex:

"A picture is worth a thousand words"

You still didn't say why. My guess is dumb luck. A punter and a fraud.

 

[sle]

Quote from newwurldmn:

You still didn't say why. My guess is dumb luck. A punter and a fraud.

You gotta give it to the guy, at least he got lucky on this one. The returns on the ATM straddle or a strangle were not as stellar as guessing the direction right.

On a different note, I think the company is great: "unmet needs in obesity, diabetes, obstructive sleep apnea and sexual health. " The motto should be "We Get You Laid!"