My Options Play

Doesn't look good.

Buy 40 contracts APA Nov 65 Calls @ $3.00 present value
Sell 35 contracts APA Nov 60 Calls @ $4.00 present value

Reckless trade.

 

maybe it moves NE?

 

well I mentioned this a few days ago.. don't know if NOW is the time or not - would say not to do it with Nov 30c @ .10

 

LOL!

 

well TRI did trade near 40 and change and now has moved higher -- was waiting for it to break 40 before entering calls -

so will keep it on radar screen- not ready to enter just yet -although 44-45 is doable as is <40 -- post expiry.

 

well I mentioned this a few days ago.. don't know if NOW is the time or not - would say not to do it with Nov 30c @ .10

I agree that tomorrow is not a good day to do that trade because Nov options's time volatility is over. I will use the same idea for other stocks or for next months. Manybe Dec and Jan.

 

99.68 - ride 'em cowboy...!

 

I sold the following options to go into defensive mode in my HD position in my 2 naked calls 40 Nov.

I paid $3 commission totally for 4 contracts.

I hope HD closes at 42.55 on option expiry date.

 

VLO

wow-- maybe we'll even see 102.50 this week - stay tuned (keep dreaming)!