My Options Play

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Quote from pattersb:

Are there certain situations you look for with MACD, and DMI?

I have all of this data that I can query across 800 sercurities?
I have data for 5,12,14,16,26 day periods dating back to 2000.
(I went a little nuts for a while there ... ;)

For instance, I think I evaluated the MACD and EMA crossing, I can actually query my database for that ...
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Yes!
 
bit of a rhetorical question .... ;)

I have all this data, trying find ways to use it. I don't want to return to cubicle hell anytime soon!


2006 MACD crossing for LCAV

symbol qdate qdate_1 dmacd dmacd_1
LCAV 03/17/2006 16:00:00 03/16/2006 16:00:00 0.14 -0.14
LCAV 02/08/2006 16:00:00 02/07/2006 16:00:00 -0.01 0.11


This may be a better indicator, lags less... not sure how I calculate it

symbol qdate qdate_1 dmacd dmacd_1
LCAV 03/16/2006 16:00:00 03/15/2006 16:00:00 -0.14 -0.31
LCAV 02/22/2006 16:00:00 02/21/2006 16:00:00 -0.49 -0.12
LCAV 01/12/2006 16:00:00 01/11/2006 16:00:00 -0.07 -0.20
LCAV 01/11/2006 16:00:00 01/10/2006 16:00:00 -0.20 -0.24
LCAV 01/10/2006 16:00:00 01/09/2006 16:00:00 -0.24 -0.32
 
Are you sure that you bought OSTK APR 2006 30 Put ( .QKTPF)? I see only 4 contracts changing hands at $1.3. Is this a paper trade?

Anyway, technically it doesn't seem a good short entry point here. You might be correct, and OSTK might resume its way down, but for the last month it was in a pretty nice uptrend. OSTK needs to firstly deal with $31.1 level. Once this is put behind we may have a better picture of its trend.

I see that OSTK will report earning beginning of May, IV ~60% (1 year 45-85), analysts are bearish, put/call ratio historically low.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1024731>
  • Quote from pattersb:

    Indeed it is....

    I broke down and bought 10 OSTK Apr 30 puts
    @ 1.30, I think this stock will hit 18 in the next month
    or so.
 

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Good entries. Congrats!
-SNDK around $56, then $58 (now$59).
-LCAV around $46.5 (now $48.4).

I see SNDK moving up, but somehow it doesn't convince me ... Technicals look positive, but the up move seems kind of subdued.
  • Quote from Multioption:

    Update:

    Holding:

    3 SNDK May 62.50 Call @ 2.65
    25 LCAV June 50 Call @ 2.55

    Added today: 8 contracts of April SNDK 55 Call @ 5.80
 
Quote from cnms2:

Good entries. Congrats!
-SNDK around $56, then $58 (now$59).
-LCAV around $46.5 (now $48.4).

I see SNDK moving up, but somehow it doesn't convince me ... Technicals look positive, but the up move seems kind of subdued.
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Thanks! I'm expecting SNDK to trade at 60+ before April 7th. That would compensate for the time.
 
Quote from pattersb:

Indeed it is....

I broke down and bought 10 OSTK Apr 30 puts
@ 1.30, I think this stock will hit 18 in the next month
or so.
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I think it will take some time before OSTK bearish trend is established.....good luck!!
 
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