Market Calls

I am NO LONGER short INTC. I have closed that for a loss of 9 cents. I changed into the 27.50 TXN June puts. They are trading 30 cents. I think this limits my risk very well.

Brandon
 
Quote from Brandonf:

I am NO LONGER short INTC. I have closed that for a loss of 9 cents. I changed into the 27.50 TXN June puts. They are trading 30 cents. I think this limits my risk very well.

Brandon

DUDE. But, you were so sure about the call today. Why bail before it even happens?

:D
 
Quote from snooptrader:

DUDE. But, you were so sure about the call today. Why bail before it even happens?

:D

Im still pretty sure of it, i just want to express the idea in a way that has less risk.

Brandon
 
Quote from inandlong:

This has worked out well so far. Nice job.

Thanks. I am pretty bearish on the entire group, but I think X is one of the better ones to have along with STLD.

Brandon
 
sold PEP for a loss ...

had XLE long after the tumble lower this a.m. but sold it as oil and components hit resistance ... was a quick nice trade for a profit i am happy to say ...

100% cash right now, and yes i know cash isn't a trade :P


alex

edit: digging for controls numbers for JCI to see if they offset the weak auto division. companies involved in expansion of hard assets and the manufacturing sector use JCI control devices. my lastest short was technical but i covered because we had a pretty big wick to the downside, yesterday. now, i'm looking for fundamental reasons to open a trade in JCI while considering technical analysis for entry/exit. my gut feeling is that this spike up is quite shortable.
 
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