Market Calls

Discussion in 'Journals' started by inandlong, Apr 24, 2005.

  1. Brandonf

    Brandonf Sponsor

    I am NO LONGER short INTC. I have closed that for a loss of 9 cents. I changed into the 27.50 TXN June puts. They are trading 30 cents. I think this limits my risk very well.

    Brandon
     
    #431     Jun 9, 2005
  2. DUDE. But, you were so sure about the call today. Why bail before it even happens?

    :D
     
    #432     Jun 9, 2005
  3. Brandonf

    Brandonf Sponsor

    Im still pretty sure of it, i just want to express the idea in a way that has less risk.

    Brandon
     
    #433     Jun 9, 2005
  4. MAESTRO

    MAESTRO

    Short $70 RIMM July puts @ $3.60.
     
    #434     Jun 9, 2005
  5. This has worked out well so far. Nice job.
     
    #435     Jun 9, 2005
  6. long PEP

    maestro,
    "Short $70 RIMM July puts @ $3.60."
    they are giving the blackberry away now, for free. any thoughts on the company?

    alex
     
    #436     Jun 9, 2005
  7. Brandonf

    Brandonf Sponsor

    Thanks. I am pretty bearish on the entire group, but I think X is one of the better ones to have along with STLD.

    Brandon
     
    #437     Jun 9, 2005
  8. disclaimer: idea will not work if tol announces a 2 for 1 split!

    sorry
     
    #438     Jun 9, 2005

  9. nice pullback on light volume, im still holding, i think there could be some decent upside to this one.
     
    #439     Jun 9, 2005
  10. sold PEP for a loss ...

    had XLE long after the tumble lower this a.m. but sold it as oil and components hit resistance ... was a quick nice trade for a profit i am happy to say ...

    100% cash right now, and yes i know cash isn't a trade :p


    alex

    edit: digging for controls numbers for JCI to see if they offset the weak auto division. companies involved in expansion of hard assets and the manufacturing sector use JCI control devices. my lastest short was technical but i covered because we had a pretty big wick to the downside, yesterday. now, i'm looking for fundamental reasons to open a trade in JCI while considering technical analysis for entry/exit. my gut feeling is that this spike up is quite shortable.
     
    #440     Jun 10, 2005