My Options Play

[uninvited_guest]

Quote from Multioption:

Why I'm not a fan of any volume indicator. Please check this out...

I have several stocks on my watchlist, will update if/when I get new trades!

The average daily volume for TNT is 68,000 and the example you show has a spike of 6% on a volume of 77,700. I see nothing unusual.

 

[Multioption]

I just got filled on an order to buy 60 BBY Nov 45 Call @ 1.75.

Option's symbol: .BBYKI
Contract month: NOV 45 Call
Underlying security: BBY
# of contracts: 60

 

[Multioption]

16 of 60 contracts are filled at the moment.

Will update.

 

[Multioption]

Adjusted limit price to 1.80 for 44 contracts. I'll update!

 

[uninvited_guest]

Quote from Multioption:

Adjusted limit price to 1.80 for 44 contracts. I'll update!

Why chase nickles?

Just put your order in at MARKET or the ASK price and call it the day. The reason your order doesn't get filled is because you are RIGHT on the direction.

 

[cnms2]

Quote from Multioption:

I just got filled on an order to buy 60 BBY Nov 45 Call @ 1.75.

Option's symbol: .BBYKI
Contract month: NOV 45 Call
Underlying security: BBY
# of contracts: 60

Interesting. I don't see what you've seen.

It seems to brake from a narrowed 2 sigma Bollinger Band. I see a bullish MACD divergence from mid September on the daily chart, but I can't see another entry indication except if you're trading a breakout. If anything, the minute chart is slightly bearish.

I'm anxious to see how it goes. Good luck!

 

[Multioption]

Finally got filled Buy-to-open on 60 contracts of BBY Nov 45 Call @ $1.815 (Average cost).

I'll update!

 

[cnms2]

Quote from Multioption:

Finally got filled on 60 contracts of BBY Nov 45 Call @ $1.815 (Average cost).

I'll update!

What are your stop loss and exit target?
Do you have the same 5-7 day time frame?

 

[Boy Plunger]

Quote from Multioption:

Finally got filled on 60 contracts of BBY Nov 45 Call @ $1.815 (Average cost).

I'll update!

Bought or sold?

 

[Multioption]

Quote from cnms2:

What are your stop loss and exit target?

Exit target is open, at least for now. Stop loss is somewhat difficult to set at the moment because if the stock should retrace, it shouldn't be more than 0.70 before it takes off again. I have my eyes on the intraday. A dip to 44.50 won't cause any hoopla!

Quote from cnms2:Do you have the same 5-7 day time frame?

Yes! The trade should not last more than 5-7 trading days