anyone else think its a good idea to buy some puts on MNX (mini-NDX)? some nice volume on the Dec 165 puts today. as I said in my Journal- still long puts on MNX - was looking to add on today.
Not sure what you mean by higher. If you mean higher than the high already made today of 43.28 for ebay and 26.67 for PALM. Or higher then yesterdays high??? or just trade up and close high? Please explain? I don't seem to have the symbol TYIA
I am inclined to think that neither will. That ebay has reached it's high of 43.28 and Palm 26.67 for the day. That said, if one does trade higher I think it would be ebay.
BBY was pretty ripe yesterday. It's getting close again. You can put one on if it trades into $45 But the winner of this week for me is MON. This is a good stock to trade. Please add it to your universe and give some feedback. Thanks.
Demand is coming back in BBY. Possible long position. So far from todays price action IMO MON is topping out. Perhaps track sideways in dist.
If SP500 holds the line MON could go for the highs again but the bulk of the short term move is over, i agree with you. BBY i would try to get as neutral of an option play as possible with limited profits but low risk. I don't really trade BBY too often. MON however is a staple for me.
hajimow see the Dell 30c spread - now? not a bad trade- wish I had taken it - Dec 30c now bid .75 - AND I expect it to go higher by Friday (just MHO) ICe