I appreciate your critique, actually I've learnt so much about humans (still learning though) especially on web forums and I'm...
Wonders, they say, shall never end!
Okay! For your information: I got stopped out on AMD at 1.40/contract after setting a 0.30 trailing stop...
Be infomed that I will duly update on AMD trade. I'm long 150 contracts of AMD July 37.50 Call bought at avg 1.60/contract. :)
That's a good one....one more to go. :)
I suggest you post 2 options' strategies that are risk free.
Hanging on to AMD July 37.50 Calls! Will update when I close the trade.
I'm here...would love to continue posting on the original thread but for some ET members....
I will update on AMD when the position is closed!...
What's all this nonsense about? I guess closing this thread until I'm ready to update is a good idea!!
You guys can check back third Friday of...
I'm watching the intraday like a hawk. It is dicey at this point to forecast price movement!
Will update promptly!
I may decide to sell some May contracts against July 37.50 Calls! AMD's fate is hanging on INTEL's report on Wed.
More contracts were added to reduce cost basis in preparation for adjustment....
Cost basis averaged down to 1.60
Total # contracts: 150
Cutting losses is not the only available option. Position has not been closed yet! :)
You wish!! Why would that be? Perhaps you should come back after July expiration! :p
The rationale is not far fetched! If market's prognosis is right, OTM options at 60-90 days to expiration outperform ITM with less than 30 days...
75 contracts of AMD July 37.50 @ $2.50 each
STC: 25 LCAV June 50 Call @ $3.10 each.
Will update when new position(s) is/are initiated!
BTO: 3 SNDK May 62.50 Call @ $2.65 each
STC: 3 SNDK May 62.50 Call @ $5.70 each
BTO: 8 contracts of April...
SNDK and LCAV positions are likely to be closed this week. Will love to see LCAV back to 50 or 51 today for 4K+ profits....will update!
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