help a ETer out

[trendlover]

Quote from atticus:

I've recommended selling outright at 14.40, and selling the entire position forward in Jan 2010 via the synthetic short at 14.40. I never recommended buying a call. I don't like the shares here, and would not recommend adding to his exposure.

I understand you did not recommend buying a call Atticus. I was asking Redneck poster if he is recommend buy a call when he is saying "you can go back in" I did not mean to make that look like you say something you did not. Ok?
I like to hear the different strategy people use. I never blame anyone for what they recommend (opinion) if that opinion is wrong. No one know the future 100%.

 

[limitdown]

Quote from itcanbedone:

in particular to this stock (LVS)

there is the following potential good news that will all help in an increase to the eps

1] the completion of the IPO listing
2] better financing for longterm debt
3] completion of the singapore casino (of which they have tact monopoly for a bit)
4]do well in macau over time
5]sector rotation of funds into these higher betas

so those are the pros for this to even go >20

the negative are all the corollary of the items i've listed below

also, sudden shocks, or dramatic rise in oil prices, death of ceo. scandal etc.

what if i place a fixed stop--again it would be to be somewhat arbitrary

and then buy puts of Jan10? strike prices from 10-15 area
calls spread out in strikes from 17 to 28 area upto march 10 and 11 leaps?

the idea for the options came to me--cause when the stock will rally or collapse; it will do it fast and will assist in exiting those options.

but if this sucka stagnates, the time decay will kill my profit.

being licensed traders if they gave you advice you could do what has been done on GOOG thread for that model who was maligned....

so, since no one wants to give trading advice to you and there are real monies (green, i.e. profits in hand) at stake,

take that as a caution and offer either a blanket warranty or exclusion from recrimination,

after all that's what being licenses means,

 

[Redneck]

Quote from trendlover:

So you are saying do what Atticus say (AND) buy a call?

No Sir - not buy a call

I meant reenter a long position - "if" - it appears to want to go higher

I'm just not sure anyone wants to take it (the price) higher


eta - And possibly do like Atticus posted "sell the entire position forward in Jan 2010 via the synthetic short"

RN

 

[Redneck]

Quote from ForexForex:

Which means that the price WILL go higher. The 1-year chart is just screaming $20.00 within a few months.

---------------

Time will tell Sir


eta - I also think a revaluation is occurring (across a lot of stuff) – where it ends up is anyone’s guess

Is last year's chart (of most stocks) a good indicator - I am not so sure for the immediate future (day trading)

 

[trendlover]

Quote from Redneck trader:

No Sir - not buy a call

I meant reenter a long position - "if" - it appears to want to go higher

I'm just not sure anyone wants to take it (the price) higher


eta - And possibly do like Atticus posted "sell the entire position forward in Jan 2010 via the synthetic short"

RN

Yes. Thank you.

 

[NoDoji]

You have a large unrealized gain on a long position that is in an unbroken uptrend, making higher highs and higher lows above its 20-period moving average. You want to maximize profit, and I seem to remember you took a nice profit on a swing trade not too long ago but left $200K on the table from the top, and are looking to avoid a repeat.

The thing is you can never pick perfect tops and bottoms; be happy to catch a nice piece of the move.

The next resistance level LVS should head to IF the trend remains intact will be the 16.00 area, not too far from where your position currently stands.

I would suggest taking profits on half your position, and placing a stop below the previous support level of 12.02.

Or if plan is to hold part of the position for a longer term, regardless of whether it reverses its trend or not, then you could sell front month OTM calls on that part of the position, collecting premium each month unless assigned, and in that case you will still have captured additional profit.

For example right now you could sell SEPT $15 calls for about .90/share, $16's for about .55

 

[weezer]

Sell 25% as profit; sell 25% to buy on pull backs and it will pull back . keep riding the rest to $ 20. If you think it will get there before the end of the year…

 

[trendlover]

Quote from NoDoji:

The thing is you can never pick perfect tops and bottoms; be happy to catch a nice piece of the move.



That is how I think, but I am conservative because I do not understand all options trade. So I am chicken.

 

[sws2179]

OP,

There something is wrong with the math:
($14.18-$8.00)*50,000 shares = 309,000$. Besides, couple months ago the stock was at around $10 ???

 

[itcanbedone]

for libality's sake: I hold NO ONE Responsible for ANY COMMENTS and SUGGESTIONS given to me on this forum. The decision shall be fine and mine!


so, what i've done today is place a protective stop and towards the end of the day it started being hit.

I'm gonna sell tomororw and comeback to this trade at a later date. maybe even this week! But for the moment, the brain is fatigued with the move.

but, i'm the first to admit, i have solved nothing. today i started thinking about options and collars in specific--but that too is rather inexact for my taste.

comments?