actually I think buying October or Jan07 AMD calls is not a bad do here - particularly if "they' pin (unwind) at or near 22.50 this expiry. However I would sell otm front calls all the way on each reasonable pop higher until we saw a clear reversal pattern. right now- july put options imply AMD could see 2250 - expiry week. Of course that also provides for a potential contrary play off said bearish sentiment. jmho I am also considering buying the 25p calendar. only hesitancy I have is the 2250 expiry level, and I don't want to eat a lot of stock. in fact buying Jan07c/selling July is also a valid idea right now - try to leg into short side. thoughts?
I'm a little worried about Multioption, I pass him almost every day on the way downtown. I will be buying him some new socks. Multioption in his new home.
i think this will be a good buying opportunity had to check out 3 sites before I could find the news.
Hi, if you where to sell a forex e/u put on the 5th of july (touch 1.2680) and to expier close of trade today what would the expected return be? And would the cost to you (if touched) only be the price of the option? If i'm missing info please ask. Thanks
You probably get this a lot but can anyone recomend a decent (forex) options book for someone who knows the basics? I see people talking about "the greeks" ... is this what is nessesary for costing a play? What is considered a decent risk return? basic example would setup that cost 40% of the premium if it went up.. gained 2% if the same and returned 44% if it went down be reasonable? There are many factors to include no doubt but i'm curious as to where the advantage (if any) lies.
Thanks, I have followed it for a bit ... anyone want to translate it for me? I might have to start from the beginning.
This was another journal of Risk's you might enjoy and it has MO's explainations http://www.elitetrader.com/vb/showthread.php?s=&threadid=62104&perpage=6&pagenumber=90