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Replies to #57 on Pirate Traders
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Ben Dover

01/28/02 11:12 AM

#58 RE: Ben Dover #57

OK, charts back up. I'm flat break even on the ISIL and missed any possible entry on anything up till now. I see no further move that can be played now, so I'm done for today.

Not a great day, but under the circumstances I can't complain.

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Poet

01/28/02 11:20 AM

#61 RE: Ben Dover #57

Frankly, I think tomorrow might be better. And I'd love to play QCOM short.

QCOM is currently trading at about $45.80.

There's lots of OI and current activity on the February 45 strike (AAONI), which is currently ATM. Bid:1.55 Ask: 1.80

Personally, I think I'd feel more comfortable playing this slightly ITM. The Feb 50 strike puts (AAONJ) have a good OI as well and the delta is higher, so these will move more significantly with a drop in the stock.

Current bid: 4.60 Current ask: 4.80 LOD was 4.10



Smooch!