ETFTraderFriends

Hi Alex, let's move on the next ones.

 

Hi Alex,

maybe check out BVB on IBIS, it's a soccer club. I'm long @2.03. IMHO some patience required with this BVB thing.

 

I was thinking QLGC. It is at the double top with high premiums and nice short run. Also the sentiment indicators just turned negative. So, I was thinking short QLGC underlying + short $ 35 March Puts + short $40 march Calls. What do you think?

 

I don't know this stock might still have to close a gap @ around $ 43, IMHO. Maybe the naked call is a good idea.

 

There is no gap at $43. You are probably looking at the wrong chart. Its at the double top.

 

Short QLGC @ 37.98
Short $ 40 March Calls
Short $ 35 March Puts
Long $ 42.50 Feb Calls

 

Gap is from March/April 2004.

 

I see

 

too early?

went short just now at $38.13

 

Yes, it was a bit early. But with the amount of money I play it wouldn't matter. My targets are around $1.5 - 2.5 per share.