Discussion in 'Stocks' started by SCI new york, Jun 8, 2010.
why has it been lagging behind all day
Read TXN mid Q outlook./ Do you see any softness in tech sector? I don't. This is a broad based recovery in chip sector. Now is the time to buy. I am buying ADI, LLTC, SMH, TXN, INTC, CSCO
All tech stocks mentioned above will fly today. Look at before the open action on TXN and ADI.
Target for TXN is $30 and for ADI is $34. They are in their early phase of run-ups
A good trade on ADI:
Sell naked PUT 27.5 and buy Call 30 for June. This is done with credit of 0.2. You are safe till 27.30
A good trade on TXN:
Buy Call 25 June and sell 23 or 24 naked PUT.
Separate names with a comma.