I hate THC

Discussion in 'Trading' started by daytr8r, Nov 8, 2002.

  1. Well I did look at it yesterday. And I knew it was a stinker. I was just so baffled by the fact that it was zooming up yesterday, I figured this stock was too unpredictable and better for me to leave alone

    I need to learn to trust my inklings
     
    #11     Nov 8, 2002
  2. u130747

    u130747

    Woulda Coulda Shoulda does not cut it in trading.


    Bert:D
     
    #12     Nov 8, 2002
  3. THC is delta-9 tetrahydrocannabinol, the major psychoactive chemical compound produced in high concentrations in marijuana

    What's not to like about that? :cool:
     
    #13     Nov 8, 2002
  4. Yeah but this joint is a dud.
     
    #14     Nov 8, 2002
  5. "Why do you think they call it DOPE?"
     
    #15     Nov 8, 2002
  6. Rigel

    Rigel

    This thread is cracking me up. :p
     
    #16     Nov 8, 2002
  7. bobcathy1

    bobcathy1 Guest

    Yea, Alphie.....I think they stuck oregano in it:p
     
    #17     Nov 8, 2002
  8. :eek:
     
    #18     Nov 8, 2002
  9. I am aware of the extremely high IV. And, I normally would do a Put Credit Spread on a stock in a situation such as this. However, this is a one-day trade. I normally do not buy options (anymore). I suppose I could also do a calendar spread and take advantage of the lower IVs in the back months.

    BTW, is anyone else seeing lots of trades on the underlying go off way outside the BxA? I mean .50 to 1.00 outside.
     
    #19     Nov 8, 2002
  10. Is this the time to be buying calls on AET? (Aetna)
     
    #20     Nov 8, 2002