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Add more position 3 contracts (300 shares) (Breakeven at $48)
It would be much higher than $48 by then.
WBT BOT +3 COMBO MBLY 100 MAR 15 40/45 CALL/PUT @8.00
Trade Details
Buy 40 Call for $14.10
Sell 45 Put for $6.10 Net pay $8.00
Use some cash from selling PUT to help finance part of call.
Cops: N.D. driver in fatal 85-mph crash was on Facebook
http://www.usatoday.com/story/news/nation/2014/09/04/dakota-fatal-crash-facebook/15101331/
That would be great for my CALL. I hope your wish come true.
At the mean time keep collecting premium along the way to generate cash. (WBT SOLD -2 LNG 100 OCT 14 80 PUT @2.60) That is another $520 premium. By that time I should have a lot of cash when all PUT expire. Then I could exercise call option.
Great Call.
Pyscho : Wow Big spender. Good Job.
I only have only 400 shares + 5 March 15 77.5 Call+ 5 Jan 15 80 Call.
Close out contracts
WBT BOT +3 LNG 100 JAN 15 40 PUT @.10 Book Profit $1,427.82
WBT BOT +3 LNG 100 DEC 14 45 PUT @.10 Book Profit $635.82
WBT BOT +3 LNG 100 OCT 14 60 PUT @.10 Book Profit $350.83
WBT BOT +3 LNG 100 DEC 14 50 PUT @.15 Book Profit $1070.81
I could have wait til it expire but need to raise margin power to sell higher price PUT and accumulate more shares.
Hopefully I will have 1,000 shares from accumulate premium before 2015. I guess $80 PUT would expire too.
My equivalent Delta on LNG is ~1900 shares (Means LNG up $1, I am up $1900)
I soon have enough cash to exercise those call.
I think everyone should test drive new model luxury car and see how system work. Then wonder why don't they have on every basic new car to avoid accident. This is not FAD. It is real. No other company even come close to MBLY.
Echoes of 2000? Two days after Morgan Stanley offered a $100/share bull case for Mobileye (MBLY +5.3%), Barclays is out with a $150/share bull case. The firm expects OEM deals with Toyota and Volkswagen to arrive soon, and (like others) sees new safety standards boosting adoption of Mobileye's systems
http://seekingalpha.com/news/1969605-mobileye-rallies-after-barclays-one-ups-morgan-stanley
Do not worry about short term too much as long as future growth is there, high profit margin with high market shares. First in the market. Like MSFT, Etc..
Do you home work to confirm to make sure not to catch falling knife.
Last year LNG was $25. Up & Down along the way and now $84. When LNG export start (next year, First on market) it would be more than $100.
I kept accumulate it all years. Selling PUT to get cash premium to buy shares. Profit almost $50k this year on LNG.
Only a few stocks could qualify as one of a kind like LNG.
I had been searching. I think MBLY is the next one.
Test drive new car and you will like the system and worth the money to trade in old car. We did bought 3 new 2014 last year.
When Beta is high, expensive to buy.
However selling PUT, you get high premium for your trouble.
Naked call is when you sell CALL and you have no stocks.
If you have stock, It would called "covered CALL"
You will lose your shirt (unlimited lose until you close out position) if stock going up.
You need to sell PUT (ie. Naked PUT) hopefully to collect premium since stock never come down below strike price.
You then could use that float money to buy CALL to leverage unlimited upside potential (without paying margin interest since you are using float cash money). The combination term called "Synthetic long"
I guess whoever sold after hours yesterday. Low at $41.55 must be really mad. Total AH trade 33,092 shares.
They watch CNBC too much and play into they hand of Hedge fund to induce them to sell after market.
I thought it would be bad this morning but surprise big win.
If you sure it would be $120 by then, Synthetic long option is the best strategy. Using cash from selling PUT to buy Call at same strike price. The option value move $1 per $1 with stock price (up or down assume it is at same strike price). It is as dangerous as buying house with no money down but benefit is huge if price go up.
I do have 5 contracts at 77.5 (March15) and 5 contracts at 80 (Jan 15)
Both are winning. It would be huge win if it go that high by then.
BOT +2 COMBO LNG 100 JAN 15 80 CALL/PUT @1.97
Breakeven point $80+1.97=$81.97
Lock in Price of LNG (200 shares)at $80 til Jan 2015
Cost $394 + $6 commission =$400
I leverage to the extreme (Synthetic Long option) only one that it LNG and make big $$$.
CHART LOOK GREAT:
Decide to lock in more 3 future contracts (300 shares).
Breakeven point $82.40. Easy to Bust thru that by Jan 2015
8/29/2014 11:49:30 AM WBT BOT +3 COMBO LNG 100 JAN 15 80/75 CALL/PUT @2.40
I kept adding more position using cash accumulating from selling PUT.
Sold another 2 sets each of SEP2 14 77 and 78 and lock in 5 long Mar 15 77.5 call. Total winning $40k+ on LNG this year. That was one my winner. Other one below.
Another stock of interest and bright future is MBLY just IPO.
All new luxury car have the system collision avoidance and lane changing warning, Safe life. DOT may require all new car to have it.
DOT is drafting proposal. It is very big market.
It had 5-8 years before any competitor.
BTW: I bought 2 new car (2014) this year and like the system.
Check the link below.
http://www.mobileye.com/
How do you post picture on the board? Thanks
You should buy Synthetic long option.
(ie. Using Cash from selling PUT to buy call : Other people money : Buy house with no down payment but do not have to pay margin interest)
It is a good deal if you are sure it would go up. Option move $1 per $1 with stock price assume both PUT and CALL strike price are same (UP or DOWN).
I was lucky enough to pick this one and make fortune with almost no money down.
Synthetic Long option
3 COMBO LNG 100 MAR 15 77.5/75 CALL/PUT @1.25 Total cost $375
Using cash selling 75 PUT to finance 77.5 Call for March 2015 (206 days) Not a bad deal. Control extra 300 shares at lock in price of $77.5
May 9, 2011 after market closed
http://www.gasfrac.com/pressreleases/ConferencecallannouncementQ12011.pdf
That is may be so for Etrade customer (if you are correct). Most people do not and could not trade stock that do not listed in US stock exchange. I won't switch my present broker just for this ONE stock... period. I am really happy with my broker right now.
Most of us in USA could not trade in TSX. The best we could do is trade in USA pink sheet. Move to TSX won't help unless it could be traded in US stock exchange similar to POT. No option or margin available in pink sheet. I normally use a lot of option to hedge the stock such as Synthetic long stock, CALL buying and PUT selling, etc.. If you guess direction of stock right (such as I did with gold and silver), you could hedge about 5 time of the stock without even use margin cash.
I do not think he (Crammer) will ever interested in it (until it move to big board). I was skeptical about it since it is traded pink sheet here. However I like the technology and concept and bite bullets to get my feet wet under $10k (700 shares). I still wonder why it won't register with big board to get more exposure. This the first ever pink sheet stock I ever buy. I wish it could be moved to big board soon since the price is much higher than penny stock (which I do not invest in). Company is making money. Why can't it register with big board? Anyone know. I think risk is that other company copy the process concept with small change so not to infringe patent. I do not think GASfrac could patent LPG use. Could it be taken over by other big companies such as Chevron, HAL, SLB, etc..?
Look at page 8 of pdf documents from Chevron
http://www.chevron.com/documents/pdf/nextissue4.pdf
BTW: I was invest heavily in gold, silver & oil with good success and stumble into GasFrac and decide to investigate for a while (via google and Seeking Alpha). I think reward/risk with good even with pink sheet stock. So I make exception for this pink sheet stock.
Thanks
Anyone know phone number to listen in CC. Thanks
I just wonder where he (Romules) is. He did not post for awhile. I may not totally believe his prediction. However I like his optimism.
Another way to do is create Synthetic long option. Need good margin power
Example when IDCC was about $50.50
I Bought Feb 11 50 Call for about $2.30 and financed buy selling PUT $50 for about $1.80 net cost of $0.50
Now at $56.77 Call worth $6.75 while PUT worth 5 cents. Since it is only few day left. I will let PUT expire.
I also did it for march 45 (worth $12.50) and June 50 (worth $10.1) at 7 contract each.
To minimize down size, I close out all PUT (except FEB) to be safe let CALL run wild with mostly free cost (after subtract put profit)
romulus
Even I may not believe your rumor but I will have to give your credit for this. Sometime rumor could not be disclosed the origin. Whatever it is stock moving well this morning. I will take it for whatever reason.
I am glad I bought 4 more contract of Feb 50 call for $2.30 on Friday.
romulas
If you do believe it dearly, you could buy Synthetic CALL option 50 strike price at the cost of the difference between stock and strike price.
Let's say IDCC is now at $50.80 You could buy Synthetic long option 50 (almost any month) at about 80 cents ($50.80-$50=$0.80) Basically you could control 1 shares of stock for 80 cents or ~$80 per one contract (Use cash from selling PUT 50 to finance buying CALL 50).
It like buying house with no money down (or minimum cost). However the value of it up (or down) $1 per $1 with stock price. If IDCC become $60, The value would be $1000. If IDCC become $40, you would lose $1000. However you need to have gut and have margin power. The longer month strike price would cost more margin power. If value drop, margin requirement increase.
If you do in Feb month, it probably cost $1160 (margin power)
If you do in Mar month , it would cost $1300 (margin power)
Since it no real cash outlay that much you would not pay any interest as long as you have POSITIVE cash in the account.
I have done that with so many stocks that have real strong UPTREND including IDCC at 45 and 50 strike price for many out months. It really work in general up market and individual stocks on the uptrend. When trend change, you have to close it out fast.
If you do it right and stock move the same direction, You could double or triple your portfolio in short time. Gamble go both way.
You also could be in poor house so quick if it move other way.
I know this company (SPRD) on this IDCC board 2 weeks ago. Research and bought 1000 shares 2 weeks at avg of $20.11 (with some lots at $19.55) now $23.19 which is more than 15% in about 2 weeks. I would like to give thanks to whom that mention about it on the board a few weeks ago. Thanks
There are many ways to do it without using margin (pay interest)
If you could be able to do option, I did. You could initiate "SYNTHETIC LONG" option. Let's say stock is at $50.50
Synthetic long is SELL PUT 50 /BUY CALL 50 on any month.
You could do it at any strike price
They call it COLLAR if PUT/CALL are not same strike price.
Basically use cash from selling PUT to buy CALL
The cost would be about $0.50 +/- That is $50 to control about 100 shares.
Basically you own 100 shares of stock one way or other (in the future)
However the value of it UP/DOWN $1 per $1 with stock price.
If it does go down, You could close it out and taking lost.
If you really believe it would go up (for sure with nerve of steel), You use less cash (no interest payment) as long as you have enough cash reserve for margin power. That is what I did with IDCC. I own bunch of Synthetic long at JAN 45. Now PUT 45 should expire while CALL 45 gain a lot of value.
I plan to exercise CALL contracts any day now. Assume you run out of cash to exercise it, you could roll over to future month or taking profit.
If you change quarter holding to 12/31/2009 (on the link), Seem to me only 4 institutions holding. GS holding is zero. Is it imply : GS sell off? (note: IMO report is not updated, It would show as zero)
Actually it is a good time to add position before next running up. I am adding another 5,000 shares@ $0.35. I had seen this type of secondary offering. After it was done, price would start to move up slowly.
Nice presentation (about 1/2 hour). Seem to me NDA should be coming soon. I will add more position on Monday but may exit after submital of NDA to get my cost out (if price go up). I would sell 1000 shares to get my cost out. Keep the rest (play with house money) at least until NDA approved. Since this always speculative buy (with good chance much better than lottery ticket). I probably allow this one up to 2% of my portfolio. Maximum of 10% bet on speculative buy for all speculative stocks.
BTW : Thanks for the link.
Good link to understand ANX-530
http://www.adventrx.com/flash/Vinorelbine.swf
Gasoline gallon equivalents (Gallons) delivered during the third quarter of 2009 totaled 29.5 million, up 58% from 18.7 million Gallons in the same period a year ago. For the first nine months of 2009, volume increased 30% to 71.5 million Gallons, compared with 54.8 million Gallons in the first nine months of 2008. Gallons include the Company's sales of CNG, LNG, and biomethane and the Gallons associated with providing operations and maintenance services.
http://investors.cleanenergyfuels.com/releasedetail.cfm?ReleaseID=422983
I play for the growth. Country has no choice but to move to Compressed Natural Gas Vehicle. Cleaner, Cheaper, USA products and USA Jobs. That is the only way for USA to become independent from OPEC. Now only available in few States. CLNE probably have more lose once it open more filling stations (capital spending) in others states but growth would be big.
BTW: I hold both CLNE and FSYS
Notes : FSYS is making more money every quarters due to more and more car and truck is converted to Gas. So it would be more growth for CLNE in area that already have filling station.
Yes. Put seller did not even have a chance to close out position since it was too late close out position. No option traded after market. Just sweat knowing that more likely it would be assigned.
I do not see anything wrong with it. When person buy PUT. He bought the right to sell the stock to you at the option exercise price he bought. He had the right to make decision until 4:30 PM on Friday when option expire. It has nothing to do with the price at market close. The news come out I think right after 4:00 PM so stock drop fast. Person who bought the PUT decide to exercise his right. If news come out at 5:00 PM you would have been saved since it would be too late for him to exercise his right.
That is same as call. He called his broker not to exercise to buy at 23 since he knew price already drop below after 4:00 PM.
There are nothing wrong with the assignment.
BTW : I think some broker Option buyer have the right to make decision to exercise until Saturday.
Mickey.
Option either PUT/CALL. It is traded like stock up to the expiration date. The seller/buyer of option could buy/sell OPTION back to close any time (win/lose during market time). Market maker would be on the other side of BID/ASK to let you open or close out position even there are no one on the other side to trade with.
Other word, You do not have to have stock position (long/short) either way as long as you close out position before expiration.
It just like be able to buy insurance (BUY put)when your house is on fire. Then sell the contract for profit later without owning stock.
Robert Brown is a Senior Research Analyst in the equity research
department at Craig-Hallum Capital Group LLC, where he covers
alternative energy and cleantech companies. Mr. Brown holds a B.S. in
aerospace engineering from the University of Minnesota and an MBA from
the University of Minnesota Carlson School of Management. He is a CFA
charterholder.
TWST: Eric, what are some of the specific stimulus projects you
believe will benefit alternative energy companies in the near future?
Mr. Stine: All of the companies under my coverage definitely are
impacted by the stimulus, certainly the size of the stimulus and the
timing of the stimulus. Funding is very noteworthy, specifically for
alternative fuels and vehicles. Funding for the DOE Clean Cities
program probably is the most significant. It's $300 million, which is
allocated to the Clean Cities program with the goal to advance the
number of alternative vehicles on the road. And that includes all
technologies, electric, hybrid, biodiesel, ethanol, but also propane
and natural gas. On Aug. 26 the DOE did make those grants, $300
million for cost-sharing programs that funded 25 projects. A very
significant amount of those projects involved propane and natural gas.
In the past, the Clean Cities program is one that has received
funding, but nowhere near this $300 million level. To me it's a pretty
clear political signal that natural gas and propane are looked at as
part of the answer going forward.
TWST: Eric, what are some of the most interesting infrastructure
buildout projects that will have the biggest impact on the alternative
transportation sector?
Mr. Stine: Certainly, what makes it noteworthy is the amount of
funding and the number of vehicles. But I think maybe overlooked to an
extent are some of the infrastructure aspects and also the involvement
of national fleets. If I had to point out one of the projects, it's
probably the UPS (UPS) Ontario Las Vegas LNG Corridor Expansion
Project. What this will do is connect existing LNG fueling stations in
Southern California to some that are being built in Utah. Specific to
UPS will be a station in Las Vegas in support of their deployment of
48 LNG trucks with additional trucks to follow. Clearly,
infrastructure is something that's been a limiting factor for the
industry and the increased use of CNG, but more so LNG. And so
certainly infrastructure buildout is important. I also think it's
noteworthy that you've got a high profile fleet like UPS. There's
another project, the J.B. Hunt (JBHT) LNG Truck Project, where they're
going to deploy 262 heavy-duty LNG trucks. I think fleet involvement
is very important. It's been an overriding theme in my discussions
with fleets and particularly the smaller-owner operators that in the
short term, they are trying to get through and survive this economic
environment, which has been very difficult in the trucking industry.
But in the long term, they're looking to the large fleets to gauge
where the industry is going. So UPS, J.B. Hunt and you've got Wal-Mart
(WMT), who's testing small numbers of natural gas vehicles. That would
go a long way in the development of the industry.
TWST: Rob, do you expect to see some greater scrutiny of the companies
as they're getting the more public policy support in the form of
stimulus dollars?
Mr. Brown: I don't think you will see greater regulatory limits. But I
do think you will see adjustments to regulations to make them work for
the way the industry is developing. For example, there needs to be
some standardization of the regulatory structures around vehicle
emissions regulation. In some cases there are multiple regulator
authorities that have different requirements, which serves to limit
the ability to roll out alternative fuel vehicles in a cost effective
way.
TWST: Eric, do you share that view?
Mr. Stine: I do share that view, and I would say it's more scrutiny on
Corporate America. As companies have to deal with their carbon
footprint and their emissions, often the easiest way to do that is
through your transportation fleet. So it would be just more regulation
on the end user than on the companies that I cover.
TWST: Eric, with the companies getting increased public policy support
to help speed the adoption of alternative fuels, what else do you
think the companies themselves could do to speed that adoption?
Mr. Stine: Well, one of the things is continually trying to be part of
the legislative process and just further their position. As Rob said,
I agree with streamlining the process on the certification side.
Especially on the light-duty side of the market, getting engine and
alternative fuel systems certified has been very, very difficult.
Until that changes, I think that development of this market is
hindered. Along those lines, I also think trying to continue to
penetrate national fleets is important. Clean Energy (CLNE) and
Westport (WPRT) specifically are working together on a national fleet
sales initiative, where they're targeting 20-plus fleets. These are
some of the largest fleets, ones that we would all know, trying to get
those companies to go past just testing a handful of vehicles, to
increase testing of more vehicles, to get more comfortable with it
from a usage standpoint and maintenance standpoint to further the
industry in that way. Also OEM involvement on the heavy-duty trucking
side is crucial, getting a lot of the OEMs to have natural gas heavy-
duty trucks. I think that goes a long way, and Westport has made quite
a bit of progress on the OEM side.
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