My Options Play

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Quote from hajimow:

I don't have insider information and for a big company like DELL you can not have any insight even if you work there. I think market is trying to go up and DELL bad news was already priced in. As I said before, I agree that is risky but the reward can be good. You can buy Call 27.5 and sell Call 30. Then both of us will be happy :=)

I agree the R/R isn't bad in a typically seasonally strong tech Q4 --

better play maybe is

+ Dec 30c
- Nov 30c

@35-40c
 
Quote from Multioption:

More likely that YHOO will retrace to 37.50, 37, and 36.50...it's dangerous to go against the trend, especially the intraday trend!

I think I may have a new position today....intraday for most stocks looks good. Kicking to the background daily chart rules.

someone just did 3300+ YHOO Dec 40c @.70 (ISE = .68 actually) not part of a spread
 
Anyone actually traded today?

Besides saying keep an eye on that, put that on radar...

Anyone did trade today?

Who is watching YHOO opening at 36.74 and keep watching it climbing steadily to 38.71? Are you nuts? YHOO moves intraday $2 is rare, and you missed the move? Why would you keep staring at it going up, and then tell yourself, "hey, it is gonna go down, it is gonna go down... damn up $1 now? hey it must be going down, it must be going down, ... damn up $2 since open?"

Yeah, now it is down $1 from the intraday high, and you are GOING to think about shorting it... yeah! Keep it on radar...keep both eyes on it...shoot, what happened, it shot back up to 38+!

Dude, after the whole day, you have only got "OOHY" burned on your glasses.


That is GOOG effect on YHOO. We are just chatting and trading but not necessarily taking each others advice. Mostly we want to see how the other people think about our picks. If you bought YHOO today, you were so fortunate. I wish I were you.
:p
 
Quote from novel20:

Anyone actually traded today?

Besides saying keep an eye on that, put that on radar...

Anyone did trade today?

Who is watching YHOO opening at 36.74 and keep watching it climbing steadily to 38.71? Are you nuts? YHOO moves intraday $2 is rare, and you missed the move? Why would you keep staring at it going up, and then tell yourself, "hey, it is gonna go down, it is gonna go down... damn up $1 now? hey it must be going down, it must be going down, ... damn up $2 since open?"

Yeah, now it is down $1 from the intraday high, and you are GOING to think about shorting it... yeah! Keep it on radar...keep both eyes on it...shoot, what happened, it shot back up to 38+!

Dude, after the whole day, you have only got "OOHY" burned on your glasses.
Have you traded today?

I'm about to get some Calls on CH....will update in a short while.
 
someone just did 3000+ YHOO Dec 40c @.70

If that was covered, that shows fear and risk reduction but if it was naked, well it is a good risk/reward trade.
 
Quote from iceman1:

someone just did 3000+ YHOO Dec 40c @.70
Iceman, please kindly include the following in your future picks:

Strike
Long/Short
# of contracts
Filled price.
 
Quote from hajimow:

someone just did 3000+ YHOO Dec 40c @.70

If that was covered, that shows fear and risk reduction but if it was naked, well it is a good risk/reward trade.

it was .68 on ISE - not a spread

I'm in to buy Dec 40c @.60 - will spread against Nov
 
Quote from Multioption:

Iceman, please kindly include the following in your future picks:

Strike
Long/Short
# of contracts
Filled price.


10/4 - will do




by the way- u guys see NIHD?

I posted it here when it was 71 (search my posts) - I commented:

"keep eye on NIHD or keep on radar screen" -- something like that! :eek:

then I reposted again urging guys to check it out again (near earnings release).

Not a bad call if I do say so myself - :D
 
Quote from iceman1:

10/4 - will do




by the way- u guys see NIHD?

I posted it here when it was 71 (search my posts) - I commented:

"keep eye on NIHD or keep on radar screen" -- something like that! :eek:

then I reposted again urging guys to check it out again (near earnings release).

Not a bad call if I do say so myself - :D
You're right on NIHD! The weekly chart outlook was not clear then, albeit I admitted that it would climb but prefer to let others drain the profits.

Did you initiate position?
 
Quote from Multioption:

You're right on NIHD! The weekly chart outlook was not clear then, albeit I admitted that it would climb but prefer to let others drain the profits.

Did you initiate position?

long Dec 80c @ 1.75
long Dec 85c @ 2.20
short Nov 85c @ 3.20


long Dec 75p @ 4
short Nov 80p @ 4.20
short Nov 75p @ 3.80 (closed)
 
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