Being the novice dummy that I am, from the way things look, I'd say don't bother buying the calls. I have a feeling we're heading lower, from what I see. OK, you can stop laughing now.
Sure looks like I'm wrong right now, the puts have gone down and the calls up. Maybe I should change my name to "Reverse Indicator"
anyone begin to scale into QCOM positions as per my recomendations --- still not out of woods on this one -- although 200 day ema acts as support so far and it "looks" like it may be headed north this week. I went long some QCOM Jan 37.50 puts to spread with either Nov or Dec puts -- BBY creaping higher IMCL looking good CVX upward movement in the drection of SIX-0 (long Jan and Dec 60c/short Nov 60c/long Dec/Jan 55p/short Nov 55/60p) EBAY has small gap (overlapping style) open @ 42 from 10/18/05- could see EBAY @ 42.50 - would enter on any sizeable PB
This thread is completely off-course with no one to blame. Everyone deserves his say but for me with limited time to sift through so many messages takes out the fun. Imagine the man's own last message is 5 pages back! No offense please and no need to discuss this. I hope folks understand. May I suggest Multioption to simply open a new thread "My options play - part 2" which will serve strictly as Multi's trade journal in his 10k -> 100k quest and comments or questions specifically re. his positions. Thanks.
11-01-05 02:47 PM NIHD back to highs from October 4th - D/top? (note -- also a fairly "symmetrical" double high -which is always better when finessing into a double high or low trade). maybe keep eyes open for short entry -- going to convert my positions tomorrow - take off ITM longs - create time spreads with Dec 90c - depending on manana's price action in other words - sell my long NIHD Dec 80c/85c-- and buy Dec 90c to spread with existing position in Nov 85 calls or maybe just keep long Dec 85c. ____________________________________________________ ___________________________________________________ Thanks - I'm gonna open a Journal or new thread - where it's easier to follow -- and also, then I can have my trades memorialized with more specifics like price/entry/exit - etc. - I hope you are correct on NIHD ! Great minds think alike :eek: >>(did you by any chance see my post on NIHD on this thread from yesterday (see above) I am waiting for a sell-off on NIHD to maybe collect on my short Nov calls -- and to re-sell put premium! of course stock is in a significant UT with market strong so far this Q4. IcE
You really hate the guy he? Gonna be a matter of minutes before Ice jumps in to punish you and here we go again. I do appreciate Multi's journal.