MARY4MONEY
806 posts
msg #81625
- Ignore MARY4MONEY |
10/23/2009 2:36:50 PM
the last major thing you have to determine is their pricing--amzn options are usually priced right-msft intc and aaapl are usually way over pricedby the way looks like a take over coming on rx based on the casll option buying and volume surge last week since it gapped up from 15 to 17$--the nov 20 calls are only 0.10-look at the jump in calls--Date Call IO Put IO
10/23 38,013 6,894
10/22 14,813 6,443
10/21 11,924 5,458
10/20 6,123 3,122
10/19 6,123 3,122
10/16 3,689 2,519
and look at the jump in volume this week--the rs nov 20 calls are valued at 0.55 but they are only 0.10 look at the volume for the last week Open High Low Close Volume Adj Close*
22-Oct-09 17.52 17.80 17.43 17.59 4,220,300 17.59
21-Oct-09 17.66 17.74 17.51 17.55 4,579,300 17.55
20-Oct-09 17.48 17.84 16.91 17.41 13,933,000 17.41
19-Oct-09 14.72 17.89 14.51 17.84 8,824,200 17.84
16-Oct-09 15.11 15.26 14.65 14.67 4,299,100 14.67
15-Oct-09 15.15 15.29 15.04 15.24 1,203,500 15.24
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karennma
8,057 posts
msg #81626
- Ignore karennma |
10/23/2009 2:41:25 PM
Ooops! I take that back.
Actually, ... for a $25 stock MSFT options did quite well.
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Kevin_in_GA
4,599 posts
msg #81627
- Ignore Kevin_in_GA |
10/23/2009 2:42:40 PM
Kevin:
First of all, the AMZN play was a "lucky" bet.
MSFT had their earnings call today, and their options didn't do crap.
++++++++++++++++++
Not so sure I agree with you on this - it depends on which one you played, and what your definition of "crap" is.
The Nov 18.00 puts I paper-traded today are an example: I bought them at 0.44 at 9:46 AM, and sold them 23 minutes later for 0.59 (a gain of 34%).
They are currently trading at 0.80 (up 81.8%).
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karennma
8,057 posts
msg #81628
- Ignore karennma |
10/23/2009 2:43:45 PM
Kevin:
Game over for today ....
We need to find plays for NEXT WEEK.
How high can BIDU gap up next week?
Certainly not 20% like AMZN. That would be an $80 move .... highly unlikely, IMHO.
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karennma
8,057 posts
msg #81629
- Ignore karennma |
10/23/2009 2:46:38 PM
Kevin_in_GA
- Kevin_in_GA 10/23/2009 2:42:40 PM
Not so sure I agree with you on this - it depends on which one you played, and what your definition of "crap" is.
The Nov 18.00 puts I paper-traded today are an example: I bought them at 0.44 at 9:46 AM, and sold them 23 minutes later for 0.59 (a gain of 34%).
=====================================
Kev:
For the sake of expediency, please specify .... WHAT you are referring to.
Nov 18 put on WHAT? Is $18 the SP?
Have no clue wht you're tlking about.
thx.
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karennma
8,057 posts
msg #81630
- Ignore karennma |
10/23/2009 2:48:47 PM
WINN (Winn-Dixie) makes big moves during earnings.
Problem is ... up or down this round?
???????????????
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karennma
8,057 posts
msg #81631
- Ignore karennma |
10/23/2009 2:49:57 PM
Kevin:
All stocks are "crap".. THAT is why I "hold" NONE.
LOL!
:>)
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petrolpeter
439 posts
msg #81632
- Ignore petrolpeter |
10/23/2009 2:50:10 PM
Should have known with all of the Amazon shipping boxes laying around the house lately.
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karennma
8,057 posts
msg #81636
- Ignore karennma |
10/23/2009 3:16:47 PM
OMG!
QZN-KD STILL GOING UP!
$4.65!!
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Kevin_in_GA
4,599 posts
msg #81637
- Ignore Kevin_in_GA
modified |
10/23/2009 3:22:10 PM
Karen:
you wrote:
Kevin:
First of all, the AMZN play was a "lucky" bet.
MSFT had their earnings call today, and their options didn't do crap.
My Nov 28 puts were on MSFT. I posted this earlier today in another thread. They are trading at 0.75 right now.
I typo'ed the price I think - they were 28.00 puts, not 18.00. Sorry.
EDIT: here's what I posted ealrier:
Here's what I (paper traded) this morning. I waited for MSFT to announce - things look good, stock up ~10%. Once things settled down a bit, I decided to buy 200 contracts for the Nov 28.00 put @0.44 (total investment = $8800).
Here's how it played out:
Sent: Oct 23 2009 09:46 AM
Subject: FILLED: #45 BOT 200 MSQWC @ 0.44
Account #XXXX-6950 FILLED: Order #45 BOT 200 MSQWC Nov09 28.00 PUT @0.44 to Open
Sent: Oct 23 2009 10:09 AM
Subject: FILLED: #46 SLD 200 MSQWC @ 0.59
Account #XXXX-6950 FILLED: Order #46 SLD 200 MSQWC Nov09 28.00 PUT @0.59 to Close
In 23 minutes I made $3000 (a return of 34.1%).
I like this approach - you wait for the news and the big move, then fade the gap.
Kevin
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