Replies to post #399 on Options Unlimited

[sasi]

my 1 side view of SLV/GLD before 30 support is breached is JAN/FEB till April SLV/GLD historically had a very decent uptrend momo.

SLV 47, 50, 37 recorded in Jan-April months

since 30 is broken i have decided to take SLV puts today, i didnt expect to buy 28 puts till yest night otherwise i would have posted in board.

now if market starts to correct big way if DOW has to reach 10k below silver/gld will go down below 1 yr lows. some folks are expecting silver go to teens if dow sees 30% correction or more.
if we see market correction in future slv puts is the one $$$$

about bbry there was good ah action and there is news about BBRY licensing in Aust , a positive catalyst hence changed my bbry puts to calls.

SPRW- solar sector is doing good if you take long term calls it will do good, reason for SPRW calls is follow up run up after running 20% on a single day.

[sasi]

I will try to update my positions as i take.sometimes not possible since i post these from office. sudden meetings or something.some of these are bought with out previous day action plan/posting in board.

next week AAPL - we will take some more calls or puts on next friday. imo we will have every friday AAPL option plays which we can enter around 10am-12pm and out by 2pm. once we come near to 3 premiums erode no matter what even if ur in money.

im planning to play with 500-1000 bucks next friday will see if we can record another multi bagger.

i will update as i take position.