JCOM straddle there also.. (RDWR, SOHU, SINA JCOM emailed on Friday continued to follow today) here we have also had anticipatory upswing and the move up is NOT as big, nor is the move down as big as we would have liked so we'll see tomorrow. I doubt JCOM will turn into a LAZY STOCK! We don't care the direction, we've had 2 days of anticipatory upswing in JCOM.. posted the disaster from last quarter but warned we had to go into this with a straddle as one side could lose or gain a lot in the next 1-4 sessions and we wanted it!
10:42 a.m. Friday January 30 (posted before the move up for two sessions, we've since locked into the positions on the long side) but have straddles in all, including of course CSCO which did great today, but not on Friday when it was posted as a potential beginning of "anticipatory upswing")
RDWR some anticipatory upswing but be careful THIS REPORTS BEFORE THE OPEN ON MONDAY. Puts are not active yet, but should be soon.
JCOM some anticipatory upswing this could MOVE BIG like SINA/SOHU in either direction so a big straddle here. JCOM 22.50 February calls for $1.30 , they could go up or down but the point in next monday is the report so don't fret too much about entry price. FEBRuary 22.50 puts are about a buck and getting cheaper as JCOM continues to show anticipatory upswing,
JCOM/ SINA/ SOHU big straddles for next week. CSCO is also but as you can see its down and we might wait for next week (Monday) for our straddle. We don't have to carry too many over the weekend. SINA spiked around 46 so we would be safe out of the position and with a stop at 45. We want the call options anyhow FIRST we are not interested in today as much as February 2 for SOHU and Feb 3 for SINA and even more of course SOHU on February 2nd. SOHU STRADDLE : February 35 puts and February 35 (move faster, higher premium) or February 40 calls We must have BOTH.