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SLV Puts-although silver is hot, I think a pullback this week is due--could be a nice set up for gains on some Puts
FCX Puts in Play for me--http://www.tradershuddle.com/Trading-Ideas/17934303072011-trading-idea-entry-levels-for-freeportmcmoran.html
A link that was shared with me today on FCX
Board Marked--like it
SHLD April put. 75 strike price 1.72 ask
Forming bear flag on chart.
http://stockcharts.com/h-sc/ui?s=shld
DC
Hey thanks! Yep I'm only trading options now. No more penny stocks for me! Glad you are into options too! More money imo.
NOK ~ CALL JUN 11 ~ Hi SMG,
I think it could go sideways for a little while...maybe even a month before investor confidence comes back in the underlying ticker. That's all.
There are some serious bagholders in NOK right now! They are likely going to buy up the CALLS to off-set their tramatizing losses!
Just a safer play for me...
yes NOK calls. but why june calls and not april?
yes NOK calls. but why june calls and not april?
NOK CALL ~
Oh, yes... For the same reason as the MAR 11 PUT ~ big gains!
...and because NOK is at 2% from 52 week low among other things.
Some traders were concerned with the lay-offs, the sour Microsoft deal, the Palo Alto conference where NOK was called as "Lagging innovation" by leading IT scholars and a few other mis-guided projections that resulted in the current quagmire.
However, the lay-off will increase earnings projections (at least on paper), the MSFT deal is not as bad at it appears, the Palo Alto scholars are clearly biased and NOK is a powerful company with great minds and certainly has industry leading innovative potential.
~ NOK is set to rebound faster than Bill Clinton after his spectacular impeachment!
Just my thoughts on it...
WBJ
AAPL
were on the board of directors, the only way i would have supported jobs introducing the iPad would have been the opportunity to sell shares at the moment he stepped on stage.
in the medium term, i think it was a bad idea. the market was already starting to get used to the possibility of an AAPL future without Jobs.
it could be the best american company ever but i think giving AAPL devotees a short term boost, was not the best thing for the stock or the company. the AAPL directors and shareholders are already asking for a more defined succession plan but (as with not offering a dividend) i guess when you're AAPL you can do whatever the hell you want to do. i wish i owned stocks in a company like AAPL.
but alas, for now i'll just trade options. lol
Just about time to CASH IN THE COW HERE! NOK PUT MAR 11 - $0.05 per contract to a healthy $2.50 per contract!!!
we have HRB puts but watching the options trade, we're seeing that betting against HRB might be a better short play than put. you live and learn.
stocks we follow/play: TSO, MOS, RIG, A, JKS, BAC, AIG, SLW
RE: NOK june calls: can you help me understand why you pick june.
Just word from Dr. Price:
For those of you who do not know, Dr. Paul Price has a 97% "In the Money" Options trading record. Below are a few of his trades so you can get an idea for similar plays that will be arriving shortly on this board.
Check out hese "Low Risk" Option Plays:
Famous Dave's of America (NASDAQ: DAVE): Price suggested buying shares and selling puts on shares of Famous Dave's of America and as of January 9, 2011, the trade has returned a net gain of 177.4%.
ITT Corp (NYSE:ITT): On August 11, 2010, Price suggested buying shares and selling puts on ITT Corp and as of January 9, 2011, the strategy netted a profit of 45.5%, plus dividends.
Genco Shipping & Trading (NYSE:GNK): On August 31, 2010, Price indicated buying 1,000 shares of GNK and simultaneously selling calls and puts on the position which resulted in an overall net gain of 34.8% as of January 9, 2011
That's only a glimpes of the powerful world of Options. Dr. Price uses low risk strategies and it does not matter if you invest $1000 or $10,000,000 ~ These plays pay the percentage gains as noted above!
What is 45% of 1 Million dollars? Oh yea, that's $450,000 profit on the ITT options play alone!!!
But don't forget, you would have to give Uncle Sam his cut of $25,000 ~ So really you would have only taken home $425,000 for dinner ont that one!!!
Dr. Price is "Low Risk" whereas we are going to turn up the heat a bit with some higher profit strategies with returns well into the 1000% range! Hang tight....they're coming!
It's no wonder I love Options trading!!!
See you soon...
WBJ
caitlyn
i've been wondering what you've been up to. glad to run in to you here doll.
Might want ot consider a call option on Agilent.
Huge volume day and close on high of day, still plenty of room to run with RSI.
http://stockcharts.com/h-sc/ui?s=A
DC
AAPL ~ Yea, TFF ....
I see a little more AAPL UPSIDE myself... but not much more!
I say Monday AAPL climbs until about lunch time EST....
Then ...Great time for a heavy PUT side straddle! IMO
It's close ... very close to the top here!
I agree the broader MKT was weak...it has taken its toll on AAPL. But that does not forgive AAPL for it's long exhausted run.
I have no AAPL position yet... but I expect to see it drop -$40 by JUNE. Maybe more on panic.
WBJ
Keep in mind, WBj the market just took a lil beating too which didnt help the rise AAPL had eow, imo if the market was more Bull AAPL woulda seen another magnum move as always.
Im betting there is more run here ((<:}
Has Apple Peaked?
Apple (AAPL) is a remarkable company. Nobody is more innovative. Nobody is more creative. And nobody is more effective at getting millions of consumers to trade stacks of hundred dollar bills for shiny technological gizmos.
Shareholders have been richly rewarded. Apple shares are up 360% in just two years and the stock is trading within spitting distance of a new all-time high.
Indeed, the company is firing on all cylinders. But after this week's action, I have to ask... Has Apple peaked?
For the past couple years, every time Apple introduced a new product, its stock rallied to a new high. Every new iPhone boosted the market cap. The release of the original iPad launched a series of new all-time highs for the shares. And every time... every single time... there were plenty of analysts and talking heads suggesting the stock had run too far, too fast, and was near a peak.
But not on March 2.
On March 2, Apple unveiled the iPad 2 -- the newest weapon in its technology arsenal. It was a big, big deal... a media circus. Steve Jobs even rose from his sick bed to make the introduction.
This time, however, Apple didn't make an all-time high. Oh sure, it rallied three bucks right after Jobs hit the stage. But the stock is still a good 10 points below its high from last month. More noticeable, however, is the lack of anybody, anywhere, willing to say anything bearish about the stock.
Allow me...
All the hype over the iPad 2 and the virtual media love-fest surrounding Jobs' return to the corporate stage should have been enough to push Apple to a new all-time high. The fact that it didn't suggests the stock is tired and in need of a rest. The following chart suggests the same thing...
As you can see in the chart above, the stock is tracing out a potentially bearish head (H) and shoulders (S) pattern -- which signals the reversal of a trend from bullish to bearish. If Apple breaks below the rising support line, currently at about $340, the pattern projects a move all the way down to $320.
It's always dangerous to buy into a stock just as the media is hyping a new product or a new technology. The unveiling of that product usually marks at least a short-term peak in the company's shares. Apple, however, has always managed to avoid that curse.
It doesn't look like it'll avoid it this time, though.
A drop below $340 will be the sign that the short-term trend has changed for the company. Aggressive traders can look to go short at that level.
Anyone looking to buy the stock should wait for something around $320.
Or consider a Put option perhaps?
That's why I'll be here daily learning what I can. Thanks for the board
Chicken trades you use for quarterly reports. certain requirements need to be met for a stock to be a good candidate for a chicken trade.
I need to refresh my memory about them but basically they need to have a history of surprise results in their quarterly report. they need to move at least 4 dollars in one direction or the other after the report.
you'll buy a put and a call a basically the same cost on each side of th par value of the stock. then whn it makes a move, you see which direction t goes. if it makes a big move one way or the other you watch for it to slow down and exit the profitable side. Stay in thelosing side as a majority of the time because it makes a huge move on one direction it will likely correct in the other direction so you can wait and get some money back from the losing side.
First solar (FSLR), Apple (aapl) are just two very good chicken trade stocks.
More info t come..................
DC
Like a "Bull-Bear Split" -
Yea... you make money no matter which way the stock moves!
If the underlying stock goes up ~ Then the call goes in the money, your put becomes worthless but your call becomes worth so much it pays for the loss on the put and then some more profits on top of that!
Great play!
Winner almost EVERYTIME!
WBJ
I agree DC, NEWS IS A DRIVING FORCE TOO
You know, news is usually negative! Rarely do people want to hear about a company that is making money hand over fist, or a CEO who just cashed in a $700,000,000 option for his bonus check for 2010! Only Mad Money watchers would keep the TV on!
I mean when ABC News puts out a story like their coverage on the BP Oil spill... they helped excel the "dumpfest" on BP shares driving BP PUT 60 to massive ~ unreal financial gains for PUT buyers.
Same happened when the World Trade center dropped. The airlines were PUT players biggest days in 2001... Bad news seems to spread faster... human nature!
So I totally agree... Puts are many times the better play because National NEWS is a powferful tool in directing MARKET sentiment.
We will have some real big gainers here... 2,000% gain would be nice to kick this next week off right!
WBJ
I need to refresh my memory with the Btter Trades CD's I got and I'll post important things to know about options. There are specifics that can mae a difference between a good and bad trade.
A real important ine is ALL options expir on the 3rd friday of a month AND you do not want to be in an option trade (call option)when it is within I think 14 days of xpiration. it might be a few days less but the options will lose value faster than you can gain it in that timeframe.Intrinsic value is the reason I'll double check and repost.
DC
You bet DC,
This is a pro game... and I hope to see some real nice gainers posted on here!!!
I know I'll be posting a couple!
I'm already looking at NOK JUL CALL 11
.....and SmoochyMcGoo has some good plays already in her portfolio!
500% is expected on an Option play! Many INVERSE ETF's use Options to bend the market in their favor.
Some institutional players expect 300% daily returns just to stay in business!
Just about time to CASH IN THE COW HERE! NOK PUT MAR 11 - $0.05 per contract to a healthy $2.50 per contract!!!
It's no different than having a penny stock you own go from $0.05 per share to $2.50 per share ~ same amount of money!
Now can you see why I like working with options contracts?
Can you say ~ "In the Money"
WBJ
You will make money faster with put options than call option. Main reason is it is easier for stocks to drop in price than go up in price and that has to do with human nature. check out any stock chart and you'll see that it has dropped in price much much faster than it went up in price.
DC
This is how the pros do it people. it isn't about how much money you make per trade. it's about return percentage. Huge difference. And nothing beats options for return percentage AND limiting your risk.
Fantastic board
DC
the reference to WSJ was about American and Delta Airlines severing ties with third party travel sites.
we subscribe to WSJ, Financial Times and Investors Business Daily. Of these we prefer IBD by far and will discontinue subscriptions to the others when they expire.
Thanks! Yep GOOG moves fast both ways! I feel comfortable buying calls at or around 600. PCLN has been good to me as well with calls but I just think with the rising oil prices, the unrest in the Middle East, and the huge gains last week its going to come down. Hoping for a big drop! Lol.
Not sure about NOK, I don't follow that one. My favs are PCLN, GOOG, AAPL, MOS, and CRM at this point. NFLX was a fav but I just can't figure out what is going on with that one right now so I'm waiting.
I played penny stocks for awhile but it just seemed like too much drama and I came across options and completely stopped with penny stocks. Much more money to be made and don't have to read all the BS! Can't wait to see more ideas about options on here.
Hey SMG,
I am seeing HUGE volume on NOK calls for JUL 11 CALL ~ About 23,552 contracts bought. I wonder who is issuing them? That's a nice play IMO. 500% easy...
I think the underlying stock is ready for a reversal. The gap on MAR 8 PUT to MAR 9 PUT is .05 to a massive .55 per contract!
That was a nice play for me!
I am hoping to catch the call rally JUL 11 for another 2000%
return. You see the puts for MAR 11 are at $2.50 per contract now? Sa-weeeet!!!
$0.05 poc to $2.50 poc~ That's how it's done!!! Are you saying NOK is in WSJ?
wbj
it was in WSJ about a month ago. let me see what i can find. out there. cause they're phasing out contracts.
here is an article (not WSJ): www.petergreenberg.com/b/Delta,-American-Airlines-Pull-Fares-From-Some-Third-Party-Web-Sites/-292960058502216434.html
i'd like to know the timing with priceline since they've announced they're severing ties with all third parties.
Nice Options plays Caitlyn,
GOOG is a runner isn't she?
PCLN if it has a NEWS story about the weak travel industry this one is going to have a BIG FAT DUMPFEST of profit takers!!!
Can't wait to watch PCLN fall miserably to the basement of the NYSE!
I love options!
PCLN Puts could be a good idea. I picked up 460 puts on Fri pretty cheap. PCLN went from the low 440's to the upper 460's in 3 days last week if I remember correctly. I played calls but decided to close out. I just believe some will take profit after such a big gain in a short period. GOOG calls will probably be good as well if the market is up. 600 seems like a good area to get calls for GOOG. I've done it a few times and have always made good money. I love options!
+Ouch ~ PCLN
Airlines are dumping companies like Priceline? And their services... geez... there could be big PCLN dumpfest!
Yea, I see where you are coming from now! Put might be the play...maybe even a small short position to boot....
Do you think we get an ABC News PR about the cutting of these travel ties?
Big contract play on the sweet downside potential of PCLN!!!
What's your opinion on JUN CALL for NOK?
I have NOK PUT due to expire ~ MAR PUT 11 .
WBJ
Ahhh.... The beauty of a falling stock!!!
LOL, spoochy u options addict u!
WBJ, options master! Great looking board
...especially since Delta and American Airlines have both recently announced they're going to cut ties with 3rd party travel sites.
PCLN.
not confident. just looking. but PCLN still impressing.
we didn't buy the PCLN puts. can't call the top. was looking for it but PCLN still finished strong.
PCLN Put or Call?
Have scanned the technicals for PCLN?
PRICE LINE LOOKS LIKE A CALL TO ME!!!
Why so confident about put on PCLN?
WBJ
SHOULD HAVE BOUGHT A COUPLE PUT CONTRACTS!
Hey SMG,
Now that NOK puts have gone through the roof, do you think it might be close to call time?
Why so sure on PCLN puts?
Thanks for the board mark. This is brand new as you can probably tell. Put up last week.
I plan to post some awesome plays here... Just hang tight!
Can't wait to see everyone else's plays too!
WBJ
yup. PCLN might be worth checking out puts though.
SLW news out tonight. huge increase in sales and cash and dividends. and since it's a purchaser of silver and gold may be worth holding through the days of riots called in N. africa and mid east. all others might be worth unloading tomorrow or early next week.
What's up friend?!
I'll check out SLW. Yea I have an eye on PCLN. The PCLN 465 March calls were up almost 700% today! Just sick!
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