AI
Monday, February 09, 2004 2:07:53 PM
IACI 31.20 to 34.24 our earning play (from Friday through today) although we did pick up some puts for safe measure, exploded intraday on Friday and never looked back! straddle was called and we are up up and away! Those are the kind of plays we call when the BIG TECHS have already reported and we intensify our search for more and better second tier plays.
email straddle official call BEFORE the explosion at 12:00 on Friday!!
IACI february 30 puts looking good.. but here I'd also pick up some February 32.50 calls for $0.70 The price is right, the position is cheap (THIS before the explosion to upside at 12.00 on Friday) Here we had more confidence in a better long play. basically the move from 31.30)
Waited for an "earnings run" and we got it. (The buy set up was changed because of the morning pullback to the break above the 20 ma on 5minute chart 31.30, this is typically our readjustment intraday if the stock moves down, gaps down or otherwise the trigger gets skewed)
email straddle official call BEFORE the explosion at 12:00 on Friday!!
IACI february 30 puts looking good.. but here I'd also pick up some February 32.50 calls for $0.70 The price is right, the position is cheap (THIS before the explosion to upside at 12.00 on Friday) Here we had more confidence in a better long play. basically the move from 31.30)
Waited for an "earnings run" and we got it. (The buy set up was changed because of the morning pullback to the break above the 20 ma on 5minute chart 31.30, this is typically our readjustment intraday if the stock moves down, gaps down or otherwise the trigger gets skewed)
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