Be on Guard to short HD

Discussion in 'Stocks' started by hajimow, Sep 8, 2017.

  1. hajimow

    hajimow

    I agree with you 100%. Volume on KMX is dropping but some manipulators are trying to keep it up but I am patient and as it goes up, I sell weekly higher strike price naked call. I won't give up till it melts.
    FYI: I am selling naked PUT 122 on GLD expiring today. I am also expecting CAT to drop hard soon (how soon? I don't know)
    SBUX might be a good buy for a quick recovery but might be risky and might lock your cash for a while.
     
    #31     Sep 29, 2017
  2. hajimow

    hajimow

    My account is like a big hardware store that has many items and I would prefer to sell everything today but I am not in a rush. I know every item will sell in its right time and I do not put a sale on the items ( do not cover with loss) and wait and double charge it to the right customer.
     
    #32     Sep 29, 2017
  3. hajimow

    hajimow

    On GLD, I should say I sold GLD naked call 121 expiring this week when GLD was at 126 and now I am selling naked PUT 122 and if it goes against me, it will cancel itself with my naked 121 CALLs and if it stays above 122 by today, I have make another 12 cents per share. As I said my account is a big hardware store !!!
     
    #33     Sep 29, 2017
  4. hajimow

    hajimow

    Started to short HD as of today again. The long term target is $160 and short term target is $162.5
     
    #34     Oct 25, 2017