Anyone think any calls this morning would be good buy? or is it too late?

Any calls good to jump into this AM at open, or is it already too late?

out of my UNG oct 35 calls this morning at 3.70, up from 1.85 :)

I'd consider AAPL calls on a dip here, now that it looks like its bounced off bottom.

UNG looking good premarket

$49 should put the calls at 1.80 at open... just keep your fingers crossed that it holds!

OIH calls good here? Seems like market hasn't really priced in Gustav yet.... Also heard rumor of Russia threatening to cut off a gas pipeline to Europe on Monday when they're due to talk about sanctions.

Weekly energy report due out in 25 minutes here, 10:35 ET. Might look for entry if its positive....

DUG short looking good bobby, nice call!

I got mine still that I said I was gonna hold while I was on vacation from around the 14th or so. up 150% and counting :)

TRA nice open

Just like you do stocks, buy low sell high. I was watching the $33 strike put for DUG, trading at 1.60. If DUG went down to $32 tomorrow, it would be worth 2.50 or so.

Call's follow the stocks movement, but exaggerated, and the price decay's with time approaching the expiration date.

Puts follow the inverse of the stock movement, and also decay like calls.

http://www.investopedia.com/university/options/ << good reading to learn more.

Good luck bobby, almost picked up some 32 sept puts on DUG at eod, but figured I already had enough invested in oil going up with my TRA calls.

yea... rough day for the ag's. TRA still hasn't fallen below the 200 dma, so I think it's still in decent shape. Of course, posting that will insure that it'll close below it today.

I'm gone all next week, but I think i'm gonna take the risk and hold my TRA calls while i'm gone. I'll either come back Rich or Broke.

Whats up with the early fire sale on TRA?

TRA strong close.... looks awfully similar to the May 27th run up.... :)

RKLC at bottom and consolidating. Looks like its ready to make a big move from here!

Looks to me like TRA wants to go up real bad....

On a side note, Etrade shows a theoretical value of all Sept calls significantly higher then ask, (2.90 theo vs 2.50 ask on TRA IJ), Usually the b/a straddles the theoretical in other stocks i've watched. Anyone know why there's a disconnect?

Bought the same, Sept $50 for 1.65 this AM. Lets hope it can do it again!

Very nice call on DRYS... i'm lovin it!

TRA looks pretty interesting... i'll be keeping an eye on it.

b 1x.002
a 1x.0025

Moved from .0014 to .0004 on very little volume. Very interesting gamble....

I want that $4.00 that maxm has been posting on VOSCE :)

Would have been sweet in the .21 range....

BSLM isn't done yet... just wait till it gets some volume.

Looks to be bottomed... in at 0.85

why are you still here?

Bout time! I knew I liked it at 1.85, too bad I didn't have the balls...

way to call an already running stock! I value your picks....

Do I see that spread correctly?? .0003 x .0015?

I put in a bid at .0011, they showed it right away...

Do you really love the lamp, or are you just saying it because you saw it?

I agree. o/s is manageable, no reason for a R/S. Looks like pert is gone, and we're startin to roll again.

Bought into this turd this AM. Ready to go now!

yup, and when he lets go.... BOOM! he hasn't been selling too much, and I'd expect him to disappear today as well...

I agree... looks like PERT is the culprit here... Won't last too long, we'll be back in the green today.

IVCM wweeeeeeeee!!! looking for a gap up tomorrow AM

he's still got the HUGE advantage of being able to call McCain's thoughts on the war a 3rd term for bush... something hardly any americans are looking forward to.

Nice volume and nice action into the close today...