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Approx tripled AAPL May 6, 93 puts at around .20 (three partials) adding to Tuesday's .76 entry. LOD for today has been .14
New total average is .37
Bot AAPL May 6,93 puts at .76
LOD was .65
SP500 heat map 90% red
Stopped out of AAPL May 6, 92.5 puts at 1.51
From .92. Plus .59
HOD has been 1.64
Bot AAPL May 6, 92.5 puts at .92
SP500 heat map 70% green
Sold NFLX April 29, 89.5 calls at .50
+.10
Bot NFLX April 29, 89.5 calls at .40
Bot FB April 29, 116 puts at .42
SP500 heat map is 85% red
Sold remainder of AAPL 29, 94.5 puts at 1.68
From .80, HOD this strike has been 2.00
2.1 X
Sold TSLA April 29, 245 puts at 5.45.
From 1.40. Plus 4.05
HOD has been 6.00.
3.89 X
These FCX puts from yesterday are on the wrong strike to have much hope. Took 1/3 off yesterday for + .15 = +57%
Probably the balance will expire worthless.
Maybe another step down maybe (I think) for AAPL.
Sold ~ 1/3 of AAPL April 29, 94.5 puts at 1.77
From .80 = + .97
2.21 X
Yes, but my usual 5-minute indicators suggested a continuation of yesterday's afternoon declining slope for AAPL stock.
A bit aggressive to be sure, but so far about a dbl on the 94.5 puts, even though my entry at .80 was quite a way up from the .54 LOD.
Right now, the indicators are looking sort of iffy for further weakness in the stock. I won't give back much if there looks to be a bottom moreso.
But the Accumulation/Distribution and On Balance Volume are still low persistently.
Edit: But the que for this option are scary, 435 x 1880, and the green stock volume bars are shrinking. I'll try to sell some of the pretty good load on this option.
Stopped out of BABA April 29, 76.5 puts at .65
From .43. HOD has been .75
+.22
Bot TSLA April 29, 245 puts at 1.40
Bot BABA April 29, 76.5 puts at .43
Bot AAPL April 29, 94.5 puts at .80
Sold ~ 1/3 FCX April 29, 13 puts at .41
+.15
Bot FCX April 29, 13 puts at .26
SP500 heat map 85% red
Sold FCX April 29, 12 puts at .46
+.20
Beer, I have wondered whether that large chunk of AAPL overseas cash might well be used to "join the crowd", that is invest it in projects in, say, Germany. AAPL might bet on an eventual change in U.S. penalty for bringing back cash with less, maybe a lot less, penalty.
Thanks for your very revealing comments here today.
As it might apply to yours truly, here is Roy's take: 88 years old, brain still working fairly well, actually little actual measurement of failure to make the options trading work, so far, with the established "system". That's what I've got. I don't think it would be smart to follow you, to try to do the fundamental research you have obviously done, which I did not know. GREAT going Beer, thanks ever so much for real information.
BTW, my leukemia prognosis looks like 5 years. Ho, ho, ho. But not all of that will be very good. Enjoying it now and helping my next three generations.
Sold BABA April 29, 78 calls at .63
+.11
Bot FCX April 29, 12 puts at .26
Sold TSLA April 29, 260 calls at .91
+.21
When you mentioned Samsung I was thinking AAPL for you.
What do you think about the ton of cash on hand? Something about a lot in stock buy backs or some other sort of run for stockholders. You?
Anything in your mind about an automobile (TSLA ?)
Or anything else to buy to broaden their market participation to use the money.
Bot TSLA April 29, 260 calls at .70
Bot BABA April 29, 78 calls at .52
Beer, hi. What stock?
smartone, how about BABA instead of BASA ?
WTI up 1.99% today. Cashin thinks bulls are feeling okay
Bot IWM April 29, 113 puts at .39
LOD this strike .33
Sold small remainder of FCX April 29, 11 puts at .40
From .21
1.9 X
Pretty nice volume on this strike, tradeable pretty well.
Sold additional major part of FCX April 29, 11 puts at .52
From .21
2.47 X
Sold small portion (~20%) of FCX April 29, 11 puts at .57
HOD has been .64
First white 5-minute stick.
From .21. Plus .36
2.7 X
FCX stock S2 10.85
Bot FCX April 29, 11 puts at .21
Partial fill. Tail on first red candle, 5-minute.