I agree the R/R isn't bad in a typically seasonally strong tech Q4 -- better play maybe is + Dec 30c - Nov 30c @35-40c
Anyone actually traded today? Besides saying keep an eye on that, put that on radar... Anyone did trade today? Who is watching YHOO opening at 36.74 and keep watching it climbing steadily to 38.71? Are you nuts? YHOO moves intraday $2 is rare, and you missed the move? Why would you keep staring at it going up, and then tell yourself, "hey, it is gonna go down, it is gonna go down... damn up $1 now? hey it must be going down, it must be going down, ... damn up $2 since open?" Yeah, now it is down $1 from the intraday high, and you are GOING to think about shorting it... yeah! Keep it on radar...keep both eyes on it...shoot, what happened, it shot back up to 38+! Dude, after the whole day, you have only got "OOHY" burned on your glasses. That is GOOG effect on YHOO. We are just chatting and trading but not necessarily taking each others advice. Mostly we want to see how the other people think about our picks. If you bought YHOO today, you were so fortunate. I wish I were you.
someone just did 3000+ YHOO Dec 40c @.70 If that was covered, that shows fear and risk reduction but if it was naked, well it is a good risk/reward trade.
Iceman, please kindly include the following in your future picks: Strike Long/Short # of contracts Filled price.
10/4 - will do by the way- u guys see NIHD? I posted it here when it was 71 (search my posts) - I commented: "keep eye on NIHD or keep on radar screen" -- something like that! :eek: then I reposted again urging guys to check it out again (near earnings release). Not a bad call if I do say so myself -
You're right on NIHD! The weekly chart outlook was not clear then, albeit I admitted that it would climb but prefer to let others drain the profits. Did you initiate position?
long Dec 80c @ 1.75 long Dec 85c @ 2.20 short Nov 85c @ 3.20 long Dec 75p @ 4 short Nov 80p @ 4.20 short Nov 75p @ 3.80 (closed)