Thirsty's options
- Thread starter thirst
- Start date
yea, i didn't particularly want the relative value aspect of things to affect perception.
Just as a disclaimer, I went into this knowing well that I could lose it all, or at least most of it. I think I can escape with a 50% loss though.
Should have just gone out and bought some gold bullion.
I would not be surprised if, but not necessarily expecting, that an analyst may come out with some word on TXN in the next 2 days.
Just as a disclaimer, I went into this knowing well that I could lose it all, or at least most of it. I think I can escape with a 50% loss though.
Should have just gone out and bought some gold bullion.
I would not be surprised if, but not necessarily expecting, that an analyst may come out with some word on TXN in the next 2 days.
not a bad day to swing into puts - better yet sell calls; not wise to call a top as you noted, but I think we saw a st top in TIE today (i.e. excellent volume blowoff) . Think 85 doable by expiry - 80 an outside long shot.
I am short TIE june 75c (@12) and 85c (@ 10+) long 80 (@4) - gonna leg into 90c upon decent + expectancy (if doable). been selling puts since 73.
suggest: forget TXN - better to go long SOX calls when you note bottoming action in said index - TXN isn't going up without SOX being marked up.
Next Wednesday/Thursday/Friday are days to watch for entry into SOX - all dependent on what transpires from now until said expiry.
JMHO
p.s. I think TXN "could" see 32-3250
just an opinion - might be wrong .
Quote from iceman1:
not a bad day to swing into puts - better yet sell calls; not wise to call a top as you noted, but I think we saw a st top in TIE today (i.e. excellent volume blowoff) . Think 85 doable by expiry - 80 an outside long shot.
I am short TIE june 75c (@12) and 85c (@ 10+) long 80 (@4) - gonna leg into 90c upon decent + expectancy (if doable). been selling puts since 73.
TIE
anyone get in on the fun?
sure hope so!
neophyte321
Guest
good call ... this sucker has a loooooooooooooooooooong way to fall.
It's funny, TIE, might still be undervalued for all I know, but you know its going to sell off huge.
I bought 30 more May 31 Spy Puts @ 1.10.
If it breaks 130, 129.25 should be hit rather assuredly..
I see the S&P did 1300, so I should be OK.
It's funny, TIE, might still be undervalued for all I know, but you know its going to sell off huge.
I bought 30 more May 31 Spy Puts @ 1.10.
If it breaks 130, 129.25 should be hit rather assuredly..
I see the S&P did 1300, so I should be OK.