Market Calls

I am glad you are able to do something with it. I will watch the opening print and first action then decide if i can tolerate such a trade.

You're going to sell a call then buy one at a higher strike? What in god's name for? It's your plan stan, i mean sam. It could really break down here i can see your point. It could also form an island. But, like i said, if the CEO hunt is no more and they get someone worthwhile, then i'd want to have used pencil when writing it on a short list. Simple really, not to sound arrogant.
 
Quote from Imagine:

PNDR
I bought in already with an average price of .085.
[/QUOT

added more today at .065

than a reverse split was announced

was dumbfounded

did some more dd and looks like they are buying into a company called Vianet Technologies

R/S suck - but have a good feeling about this one
 
Nobody listens. I have stated that i was in the early stage of sizing up a trade on MMM. My objective was to buy a price reversal. We had a range(2004 till present) break to the downside with decent VOLUME--my kind of trade. We had a wave of downside volume most recently starting on 3/20. If there is no gap up above this pivot (73.55) tomorrow morning or in the next 3 days we may see a rush to sell. We had a price extreme and a sizable event. Now there is a short term base on which to bid off. To me, it looks as if it is a perfect short if we do not have above mentioned price action. I'm flexible. If i'm wrong, i like to know it right away so that i can close the position w/o hesitation. I'm interested to hear about an options spread setup. Please PM me.

EDIT: i am intra-day trading XLE. If you looked over the components this weekend there was a great probability of upward price action.
 
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