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Long been on my radar for that date!
This blast off from earnings made me smile :)
VELT Any Clue?
I was looking at VELT for a june long play @ $.750 strike. its down 30% or so, but good earnings and good guidance? Anyone got a clue what Im missing that would explain this?
I show $106.52. Good german numbers, CPI tomorrow too right? Should get a few % jump in the casino stocks me thinks.
Well got my 11 LVS contracts @ .08 $52.5 strike
Just wish there was some volume in the options on it, i'd be all over it with Einhorn speaking tomorrow and all.
Looking for a bit more of a dip on LVS, got a bid in for the $52.50's @ .08
It definitely took some time to recover.
History, meet my Friend Repeat.
Yeah watching it over $50 here, seems kinda stagnant right now. If it doesnt make much of a move here I may just hold off till tomorrow and grab $50 puts at the open instead for a scalp.
Eyeballing LVS $45 puts for a lotto. Waiting for the right entry first.
Buying an ITM Call/Put and selling an OTM Call/Put Depending on wether its a bull or bear spread.
Im looking to get away from Choicetrade this month and looking at Option house, anyone use them? Im about to just cut this cast off its DRIVING ME NUTS SITTING ON THE SIDELINE! :)
Yeah im out at the bar with them now. Seems they are still off tomorrow as of now anyway.
Hey guys been a month or so since ive been around. Broken hand in a cast suuuuucks. Still in the cast, might get into some trading again in the next week. Anyway I popped in to give you guys a heads up. Word is a union at BP is set to go on strike Fridayish. Couple friends of mine are contractors with different companies at the whiting plant. They told them today to take everything with them they dont want any contractors in, dont bother showing up tomorrow(wednesday).
Might be something to keep an eye on end of this week/ early next week for some puts.
Possibly. They got it near the max pain mark for opex, no surprise there.
Well just looking at today chart its trying to make an inverted H&S, if it can get back near the open price, then it SHOULD retrace back near the highs of the day.
Nevermind, it broke down hard. Might get ugly.
Nope, dont need to cover I have puts. Made money on the calls and now on the puts. Just being real. You really think shorts need to.cover? After the massive amount of volume? You dont think they already did? Their liabilities are more then assets..yeah that 4billion in cash is part of that. Commons will be cleared and new ones issued. Secured creditors first, bond holders next,common shareholders absolutely last. But since there cashflow is Negative after its figures out there wont be anything for shareholders left. Keep LOL all you want if you bought at the high you're down half your cash already.
The biggest difference between say a GOOG/AAPL option and say MCD,X XOM is the premium price. a $7 premium option on GOOG is a lot closer to being ITM than a stock like X.
In reference to low movement stocks.
Hell in a marriage, sleeping on the couch is like going camping.
A large SIZED short. Like short 1000 shares, but dont short 100,000 shares.
I thought so, but someone more knowledgable then me said it has to stay over $1 for 10 straight trading days to reset the clock.
Yeah you're right, I had the wrong drop down.
Unless ToS is screwed up Im showing that call around $7.
the $650 on the other hand is .90
Those are margin calls on the shares, 100 shares = 1 option contract. FYI
Everything you said ends the same.
They arent making enough money, havent had positive earnings since 2007. Why are the other carriers profitable? Unlike AMR the others already did this to renegotiate contracts and shed debt.
Buyout? What do you think happens to these shares if they get bought out? They ,again, have more liabilities then assets, which means the BOND HOLDERS would be the only ones to get any cash, of which there is non left after assets - liabilites = NEGATIVE. Followed by common stock, obviously nothing comes this way.
No we dont have to worry about covering. Have you seen the volume? All these guys 75 MILLION NAKED SHORTS blah blah this things traded 500 million shares, the shorts were covered loooooong ago. Here is your problem now. All the shorts covered the last 2 days. OK? When this begins to freefall WHO IS GOING TO BE THERE TO STOP IT? Oh thats right the shorts, but theres non left. Want to see what happens when the shorts cover and disappear? Look at NFLX it couldnt hold a SINGLE SUPPORT LINE. The subscriber price screwup, while yes was retarded, shouldnt have taken a $300 share to $50. No backstop. Oh and now yahoo's analyst prediction has this from 0.00-.10.
http://finance.yahoo.com/q/ao?s=AMR+Analyst+Opinion
Oh and why not go see what happened to TWA shares when AMR bought them out. ZERO.
Well does that mean you are in at a price higher then a dollar since you want it to go higher? Duh he is shorting it (Put options) as am I, why would I open a long position if I expected it to be worthless? When everyone is calling it worthless? the liabilities exceed assets. Period. They've tried since 2006 to renegotiate with the union and in 6 years the union hasnt backed down, this was their only choice to shed bad contracts ( gas guzzler planes, union wages, etc etc.). They will issue new shares, OR possibly merge with another airline, but the end game is the same, the shares are worthless.
Yep there is the .75 test I was waiting for.
Goes below, it'll be ugly again tomorrow.
Wouldnt count on it, I'd expect another fall to test that .75 support again followed by another sell-off tomorrow. People will worry about it being delisted or given the "Q" over the weekend.
AAPL wont go down, its next quarter revenue/earnings were revamped at a higher expectation today/last night.
Looks like a triple top formed .85-.92ish, watch out below.
a different brokerage. I use ToS for charts, L2 etc, but trade through choicetrade. They dont require the wait till funds clear.
Possibly, 1241ish is the fibonachi(yeah my mind went blank on spelling that) retracement. if it doesnt break it it'll bounce, if it does it'll freefall to the next support level.
Yep, I ment to buy puts yesterday and got sidetracked away from the computer. The selling of assets pretty much sumed up the belief that they are hurting.
Halted again LOL this is just too funny now.
Sounds good, Im in .50 puts at ~.075 average.
Got outta the calls with barely enough profit to cover the fees :)
theoretically speaking I'd expect a sell off today through tomorrow on a thought it may get delisted over the weekend.
But I've never played a bk on the big boards, so what SHOULD happen and what WILL happen could be two very different things.
Im thinking more the .50 putz, tomorrow may be worse as people go back to cash incase it gets delisted over the weekend.
mmmhhmmm. Never really messed with a big board BK play, so bear with me on the questions if they sound ridiculous.
well summma b!@## I have 7 contracts left that didnt get sold.
well even if they go worthless im only down ~200.
I'm also wondering if now that its over a buck if it is going to attemp to fill the gap from the beginning of the month/end of november. Gonna be something to watch from the sidelines the rest of the week, I got out at 15%.