What's a free good website for European stock charts? I am looking at the Aegon chart for the ADRs and it looks very interesting. In dollar terms, it is coming right up to resistence at $15, which is nice being a strike. My guess is that you'll see some action there even in Euros. Do you know the implied vol is for your local options? According to ivolatility.com, the adrs have a 25 iv. Acutally, the AEX has a lot stocks with interesting charts. I like to put on long gamma/vega positions at inflection points. In the case of AEG, it is coming right up to resistence at 15, a move above there could be a breakout to 18-20 range. I would think about selling a front month 15 and buy more of the April 17 calls for some sort of ratio to be worked out. A very interesting trade in AGN, the dutch market, is buying the 12 JAN/April time spread for .50. How liquid are options on this stock, maybe you could do it for .45? Overall, I think your position is fine and flipping through charts, it seems like there will be some movement for all of them in the new year.
on www.aex.nl/aex.asp you have the intraday, 8week & 5year charts of all the dutch stocks, option liquidity on the AEX is VERY VERY strong *but* I wouldnt know where you can trade them (you cant through IB), EUREX has all the options of the AEX stocks listed, too and also trades the stocks themselves, but liquidity is a joke compared to our own dutch market, i'd only recommend trading the big boys over there (like rd, agn, etc.) Dont know if you want to trade the USD options per sé, whose strikes are farther out, otherwize I recommend looking at the EUREX exchange and trading the euro options there, with strikes much closer to eachother. What ever you are going to do, I wish you good luck, and indeed the stocks have been moving nicely lately so we all should be able to bang a buck out! Tiki
Well guys, no mutations or anything, just checking in to report to you that im glad that Deutsche Telekom and Royal Dutch keep showing strength with more volume up their ass (esp. RD), and AGN is pushing its â¬12 envelope, it will be interesting to see this little monkey go. For other news, I'm still waiting for the bank to clear my money to my IB account, and I am solliciting at a trading firm here. Tiki
Tiki, Why not sell the straddle on top of your long qqq position. I like to trade the negative gamma of the QQQ's.
Because I expect to hold the position for only maybe a few days. See the QQQ trading as a swing thing. Tiki
That's ok. You could still sell the straddles and keep swing trading the qqq's. You are basically trading ahead of the gamma. When the market is choppy, just sit on the premium. Just an idea for you.
Wow! Crazy europe! RD fell (pulled back) 1.5% to 41.43, DTE also fell (pulled back) for the first time in days 1.2% to 15.16. Rest of the positions: AEXL position at base of 2:1 ratio wings. all up we go now is money for me. Time till apr04, looking good to me. Van Der Moolen is fucking around, low volume and shit moves. This is waiting and earning premium or so I hope. Philips bouncing between 23-24, is ok to me, earning me premium Aegon hit 12 finally, and is now hitting resistance, bouncing between 11.50 and 12, near 12 also means; premium to me. Hagemeyer in anticipation to a big release of new shares, trading between 1.90 and 2.10, this is a longer term project and the company is almost certainly saved now. Hooray. As for QQQ; the nas has filled its gap, and it is unclear to me where we are heading. My bias is up (as I am holding longs lol) and QQQ currently at 37.22 trading a fair bit above breakeven. Stops still at 36.50 Time for some meat and veggies now. Tiki
Just my luck that nasdaq outperformed the industrial&s&p today QQQ @ 37.67, stops at 37.15 for 50% and 36.75 for 50% managing these positions is new for me, so if you have advice/comments on the management of trades going the right direction, feel free & invited to add your comments! (the higher stop is based on a short-term lower trendline (2&5days), the lower stop is based on a 2-3% looseness. Tiki
out of 100% QQQ position @ 37.78. I did not like the falling price action and maybe will get in later on. Result = + 0.74 Tiki