My Options Play

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Quote from Multioption:

APA Nov 65 Call
Filled price: $3.00
# contracts: 40
Delta: 0.703

Expectation: A sharp rise to $69, then $70+


Don't consider myself an expert as I started trading options just May 2005.
Decided to check APA (Apache Corp.) on the investools stock chart and I see the
20 day MA, Stochastics and MACD all indicating an uptrend in this stock. I believe an upward movement in APA is likely in the near term.
 
Quote from uninvited_guest:

What makes you think that?
More...
You ask questions like a stupid little kid.

Let's look at the facts:

All of Multi's calls have been accurate, including the retracement of BBY. Check it NOW. BBY is retracing...and I am making money on that!

Well...we'll see if he actually reaches 100K by the end of Oct. That's his goal!

Wandering Newbie
 
Quote from AvidLearner:

You ask questions like a stupid little kid.

Let's look at the facts:

All of Multi's calls have been accurate, including the retracement of BBY. Check it NOW. BBY is retracing...and I am making money on that!

Well...we'll see if he actually reaches 100K by the end of Oct. That's his goal!

Wandering Newbie
More...

Do you speak for hajimow?
 
It seems that money from some real state stocks and others are pouring into tech now. I suggest if you have money and don't know what to trade, sell PUTs for out of the money tech stocks for November. Like TXN 27.5 or 30 and ADI 35, XLNX 22.5 that gives you around 4% in two weeks.
 
Quote from AvidLearner:

I'm simply making an observation. Feel free to tell me, if you dispute my observation.

Wandering Newbie
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You're a Mutli alias. So I will only respond to Multi's posts.
 
What makes you think that?

I did not answer your question on purpose. For me it won't change my thinking about him if he loses. He has a big goal and sure there are risks. Every successful trader has lost money. After he does he trades, he does not pump the stock. I respcet him but I am not following him. I am just learning and if I have an input, I will post it.
 
Quote from uninvited_guest:

You're a Mutli alias. So I will only respond to Multi's posts.
More...

That confirms it. Your posts suggests that you may be as stupid as a rock! I will simply ignore you.

For the record, Multi and I are two seperate individuals. I have only been trading for 2 weeks.

Wandering Newbie.
 
I'd like to thank everyone for posting to this thread. Lately, I have been busy but i try to read the posts in the evening. They are a big help to my options education. One day i hope to contribute in a meaningful way to the option discussions going on here but for now my trading worth is limited to trading the underlying. Thanks, good trading to everyone and stay Posatif!
 
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