My dangerous Visa "V" play

B

bearnbull

I never really hold anything on earnings, but this one I'm going for it. All my indicators are pointing up. I'm in at $71.35. Any opinions?? :(
 
Quote from osubeavs:

If your afraid of some risk then i would take your profit but i'm in for some more time bought in at 59.50.
More...

Never had a chance to get in at that price. Too busy taking advantage of the market's volatility.
 
Well... being a new IPO, I'd imagine it is OK to hold over earnings. I usually hedge myself as well.. Paid dearly for my GOOG hedge. Sold a call against my stock.. ouch!! I will sit on my V shares as well, without a hedge. You could of course sell a OTM call. But if it goes through the roof, you miss out

PD:eek:
 
I got long a bunch of the Visa May 80 calls (VEP's) today and I am thinking of selling them right before earnings on monday...as I am somewhat nervous about their earnings. Of course if I sell they will put up excellent earnings and the stock will gap up out of control tuesday morning.

Who is holding stock or option positions thru earnings?
 
My call: They will beat the earnings by not much but the forcast and outlook will be really good and it will drive the numbers to go up--Low $80's,--gap up between $81.00-$83.00. These guys have more transactions than AXP and MA combined.
Just my opinion...of course-Been wrong many times in this things.:)
 
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