My Options Play

Discussion in 'Options' started by Multioption, Oct 3, 2005.

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  1. 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.
     
    #781     Nov 14, 2005
  2. maybe it moves NE?
     
    #782     Nov 14, 2005
  3. 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
     
    #783     Nov 14, 2005
  4. LOL!
     
    #784     Nov 14, 2005
  5.  
    #785     Nov 14, 2005
  6. 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.
     
    #786     Nov 14, 2005
  7. hajimow

    hajimow

    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.
     
    #787     Nov 14, 2005
  8. 99.68 - ride 'em cowboy...!
     
    #788     Nov 14, 2005
  9. hajimow

    hajimow

    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.
     
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    #789     Nov 14, 2005
  10. VLO

    wow-- maybe we'll even see 102.50 this week - stay tuned (keep dreaming)!
     
    #790     Nov 14, 2005
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