^yes, appears mr market is planning to sneak up with low voume grind. I will keep my powder dry for the next leg down.. Aapl has some support from large buyers. Looking to buy aapl 520 or 530 calls as I see it being moved up to around 560. Will update strike and expiry after I buy. Long term I see aapl in the 400/420 area by june 2013. Selling should start around earnings. Will buy the 550/ 560 puts when mr market hands them out at a cheaper price. Averaged in to squeeze some change out of the amzn puts. It may break higher, however Jan calls seem too expensive at these prices. Pease post your market thougts and trading ideas.
That was a great trade! What was the intrinsic when you got in? When do you think MCD is heading to in next 2 to three days?
there seems to be a trend in your recent posts across the various threads. You want someone to predict what is going to happen next. Doubt if I can make any money predicting what will happen next. But I could make some money betting on what you will probably want next. Lot easier to bet on people, than things That's how the whole TA thing started
Whoah! Why would you buy puts today? January 4, 2013? Unless you bought at the open and already sold, that is. Do you do TA? Let me see your analysis on this one. I have no indication of a down trade beyond 89.50. And reaching that price would be a huge indication to go long reaching 91.50 or higher by next friday. Fill me in here.
Feb puts. This trade will be green wednesday or I will get out even. If the Spoos try to make a reach for 1500, mcd will break higher by friday and I will take my loss and buy calls. Underlying weak fundamentals are irrelevant as it is a dow component stock.