INTC going long itm INTC calls at open Tuesday. Hoping it opens flat, or lower. I can not imagine a trade better than that. I am going to do the same. I will either go long on the stock or buy Call 20 and sell Call 22.5 to reduce the cost. What is your plan. I already have sold 9 PUT 22.5 for March and sold 25 Call for March. RBC's downgrade on Friday has made an awesome opportunity to go long.
unfckingreal I get out of my OIH 130 calls - and kept APOL calls. Brilliant!! I entered the g-damn OIH March 130 calls ONE fking day too soon, and even said it was manipulation (i.e. expiry pressures) when I got in. The calls entered at 9.40 are now up 60%! Yet I allowed myself to get "persuaded" to scratch the trade all influenced by the strong selling in OIH and oil stocks last week. Go figure. This market is fking nuts. Yep--- it is definitely time for a break when you mess up a wet dream like the OIH trade! I buy the correct strike @ the correct time --- and reap ZERO. Of course I did hold my short 150 Puts (sold @ 1530) and short 135 puts (sold @ 5.30) --- and exited them today near LOD -- so I can re-enter or roll into the 140 strike -- so that is some consolation prize. Frankly I am now looking to buy puts on OIH- but not quite yet!
APOL Feb 10 2006 Citigroup Initiates Apollo Group APOL Buy $77 well-- guess I'm not the only one who is crazy..... got some company in the nuthouse, and it ain't sling blade! :eek: Misery loves company!
I believe buy signal for INTC was confirmed today by ThinkEquity's downgrade. That was the last whip to Intc. I see a great opportunity today to buy Calls or sell PUTs (preferrably buying Calls). I will punish myself if I see I am wrong on this Call:eek: Punishment : Inviting all my co-workers to lunch . There are 35 of them. !!