Ideas for the week

Suri's charts look fine to me except that I'm not a Fibonacci person so I don't really understand them. Nice of him/her to put them up regardless.

It will be interesting to see what happens with SHLD, especially after the retail numbers come out this morning, but then again you have WMT and HD looming on Tues., and bad numbers will affect SHLD whether they should or not.

Anyone have any opinions about the Barron's BSC Warren Buffett/China/JPM/DB takeover/merger plug? I'm a little surprised at all the speculation there.
 
Quote from atticus:

SHLD, IACI and TLAB long. I am going to buy the Sep SHLD 20/40/60 fly. Long spot in SHLD, IACI and TLAB into long flies if gains are seen on spot.

Long spot at the open at 136.20

Sold the Sep 140 calls [2x] for 8.00/43% vol -- short the synthetic straddle at 19.80 [fairval mark at 16.00].

Didn't trade IACI or TLAB.
 
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