Earnings & Events-Related Option Plays

I believe positive...and think he is right..trying to make a vega play on the fed is very tough

 

+ve = positive.

If you have an option model software, you want to construct a portfolio with positive gamma. That was what I meant.

 

No way you say?

Can a $66 stock go to 78 in 15 days?
Can a $6.60 stock go to $7.80 in 15 days?

Don't let the high price fool you.

Is it really worth $35 or $40 to let someone else control $78,000 worth of stock at your expense?

Good luck.

AZD

 

• CSCO earnings November 7.
• Bought 10 contracts Nov 35 calls @ $0.39.

 

Why don't you buy calendar to avoid theta loss?

 

I don't need to buy calendars because the local real estate salesmen gives them away. I might buy one at half price in January if it has nice pictures.

 

Yesss!!! Note to self : sell CSCO Nov 35 calls at the open.
J/K , forex^2 , good luck with the trade

 

BIDU Update:

Even though a larger gain is possible, decided to close out BIDU ratio spread for a gain of 1+.

I'll leave some $$ on the table in exchange for more buying power and peace of mind. I can't even come close to predicting this thing.

AZD

 

Good move......BIDU can defy gravity at times and not worth the risk of hanging on. Now you can order your pizza.

 

Thanks Forex.

And best wishes on your CSCO trade.

AZD