What?? More pithy crap. Save it pal, you don't know me and i don't give a shit. I ended up making a ton in this trade, i'm just shocked that it happened as quickly as it did.
it's always been that way. i rode it up. and i've rode it down. happy to hear you got it one way.....
LOL I agree, he is a whacko flip-flopper. You got stopped out, I thought you would. TIE is in a class of its own which is why I left it alone on an intraday basis over 6 months ago. Now I think I will leave it alone period. Too much craziness going on with that company and the whole sector (a whooping 3 companies). Stock needs to cool off. Long term is possibly up thanks to asset inflation. In terms of titanium, the cycle is near the top, demand has pretty much hit its high. What I would like to see is whether the whole sector will go down the sh*thole like it did before. Who knows, really depends on what happens with the airline industry, how much of an effect will China & India have on airline travel, defense concerns, rocketry and the direction of the hip & joint replacement technology. At this point I have no idea, if anything, I think it makes sense to play volatility in TIE, RTI and ATI through options. Not an expert on that, maybe I'll do more research on it.
agree tie is great trading... i agree writting the puts on the last few days has been good. I had calls and a short position.. started my long position a little early but the premium from writting the 30puts balances out the position.. puts trade average just over 31.. i thought the balance of the drop from 34-45 would happen tomorrow with expiry not the whole 8dollars in a day.. love the energy... good luck with your trades.. w
I got stopped out on the common but i was long a ton of dec puts across 3 strikes so I actually made quite a bit of money on the trade. Shocking though how fast it happened.
the term is swing trader. rode it up with the June 42.50 calls purchased in february and now am riding it down with the sep 30.00(split adjusted) bought 2 weeks ago. yeah, im krazy
Wow I guess you are a super trader that never makes a mistake and is right 100% of the time. Hard to tell from your posts and the numerous positions you take in all direction, becoming instantly short the second the stock turns. I need those powers, which website did you purchase em from?
TIE is reaching its 50MA. Is it going to rebounce? But if Dow keeps doing bad, the chance seems slight.
yeah - my "numerous posts". why don't you post some links to my prognostication. what, you can't find that many? what, you just pulled that comment out of your ass? i've posted plenty of times about getting burned, thanks. you should search before you make comments like that..
anyone care to explain this move? dead-cat bounce? i didn't know dead cats could bounce 15% in a session..... and for the record, i bought ITM puts that are now worthless. win some and lose some....