Sold puts on $15 TITN for Dec. Credit $0.60 Annualized % return......... 14% otm safety cushion...25% BE..... $14.40 Good company going through a temporary difficult time, due to drought conditions. Company is also financially healthy. A price of $15, with a BE of $14.40... is a very good value, with good tech support in the 19 - 20 area, and again down in the $15 area, if the 19 - 20 support breaks. 5 year chart below: http://finance.yahoo.com/q/bc?s=TITN&t=5y&l=on&z=l&q=b&c=
RE: Sold puts on $15 TITN for Dec. The 5 year chart is irrelevant to your 3 month trade. Go with the 3 month or 6 month chart.
I'll assume that type of useful and brilliant analysis is the reason you don't share your trades. About 95% of my trades tech analysis and subsequent strike selection, is based on the 2 year chart. The remaining 5% are based on the 5 year chart. I want to see multiple successful tests of support, over long periods of time, and under multiple market conditions.
Pretty funny, I will give you that. But diaoptions quit sharing his "trades" when everyone here figured him for the pathological liar he so clearly is. He's also a tool.
You don't believe I use the 2 and/or 5 year chart to select my strike prices? I use fundamental analysis to select my stocks, and the 2 - 5 year chart to select the strikes. And when the 2 line up to offer the credit I desire.... the trade gets initiated. I use the L-T charts because I want to know where the L-T support areas are, in case the stock drops on me. My trade yesterday of TITN showed L-T support in the 19 - 20 area, and again at the $15 area. So I waited until TITN traded between 19 - 20 and then sold a $15 strike. Credit of $0.60.... for a 14% annualized return. If that strategy seems so unbelieable to you, I can't wait to hear how YOU select your strikes. Does it have something to do with the game of darts???
I know exactly what you mean. I am still laughing from the other day when you accused someone of lacking integrity. Coming from you that was priceless. You tool.