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[heilbronner]

Quote from MAESTRO:

One very exciting trade, Mat! Congratulations! I'm still holding my strangle, although I'm already in the profit.
Cheers.

Hi Alex, let's move on the next ones.

 

[heilbronner]

Hi Alex,

maybe check out BVB on IBIS, it's a soccer club. I'm long @2.03. IMHO some patience required with this BVB thing.

 

[MAESTRO]

I was thinking QLGC. It is at the double top with high premiums and nice short run. Also the sentiment indicators just turned negative. So, I was thinking short QLGC underlying + short $ 35 March Puts + short $40 march Calls. What do you think?

 

[heilbronner]

I don't know this stock might still have to close a gap @ around $ 43, IMHO. Maybe the naked call is a good idea.

 

[MAESTRO]

Quote from heilbronner:

I don't know this stock might still have to close a gap @ around $ 43, IMHO. Maybe the naked call is a good idea.

There is no gap at $43. You are probably looking at the wrong chart. Its at the double top.

 

[MAESTRO]

Short QLGC @ 37.98
Short $ 40 March Calls
Short $ 35 March Puts
Long $ 42.50 Feb Calls

 

[heilbronner]

Gap is from March/April 2004.

 

[MAESTRO]

I see

 

[DHOHHI]

Quote from MAESTRO:

Short QLGC @ 37.98
Short $ 40 March Calls
Short $ 35 March Puts
Long $ 42.50 Feb Calls

too early?

went short just now at $38.13

 

[MAESTRO]

Quote from DHOHHI:

too early?

went short just now at $38.13

Yes, it was a bit early. But with the amount of money I play it wouldn't matter. My targets are around $1.5 - 2.5 per share.