Why Is The Obvious Not So Obvious?

Follow at own risk, of course, bla bla bla, you will lose :eek:


For no specific "reason" let us sell some puts for ANF.

8 down + 3.5 in to 56




We will sell 10 contracts as follows:

Sell 10 x $19.00 May16 Puts for $0.56

http://moneycentral.msn.com/investor/options/default.asp?Symbol=ANF

Premium received = 10 x 100 x 0.56 = $560 less comms

Lets see what happens before we try and lose some more:eek:

We have a few "options" open to us if this thing keeps falling

If it is wrong, it is wrong, but we can only go on what we see, and sometimes it is too good to be true, and sometimes it is not

For those of you who were quick enough, you will now see that it is gone - told you so, too good to be true, remember

Still valid though, all that can happen is we lose a few bob


IT'S BACK - I will capture it this time

JEEZ, IT'S GONE AGAIN - but I have captured that also

 

There is something on the treetop that we cannot see. The bird is reluctant to leave it.

 

MMD,

Last: 23.04 Change: -0.82 Volume: 3,081,832

Close enough, is it not

 

Nope - same as any other cut back tree!

 

ANF Model1

 

ANF Model 2

 

_ _ _ t


_ _


_ _ _ h


_ _ _ e


second


chance

 

why does this thread make me feel like I'm swapping riddles with some green guy paddling around looking for his "precioussss"

 

But NYSE I Want the answer now!!!!!! I want to swim in a giant river of chocolate and scoope cream from flowers! Tell me if I'm right damnitt, where's the golden tickect you crazy man!

 

Because you are a Hobbit