karennma
8,057 posts
msg #97770
- Ignore karennma |
12/3/2010 11:18:30 AM
SLW - another possible short.
Topped @ $39.50.
These are not recommendations.
Pls do your own DD.
:>)
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karennma
8,057 posts
msg #97771
- Ignore karennma |
12/3/2010 11:27:48 AM
THIS is where some nice OPTIONS SOFTWARE could be handy.
Which PM put options are most likely to pay off big .. ?
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karennma
8,057 posts
msg #97772
- Ignore karennma |
12/3/2010 11:37:14 AM
FXC - (Freeport McMoran) topped @ $109.43 today.
Dang!! those Dec $105 puts are CHEAP @ $2.11.
They WERE $10.00!!
(do your DD)
:>)
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karennma
8,057 posts
msg #97774
- Ignore karennma |
12/3/2010 11:52:55 AM
Damn!! I hate to do this ... but ...
I bought one FCX PUT @ $2.12.
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karennma
8,057 posts
msg #97775
- Ignore karennma |
12/3/2010 11:53:37 AM
That was a DEC FXC $105. PUT @ $2.12.
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johnpaulca
12,036 posts
msg #97777
- Ignore johnpaulca |
12/3/2010 12:16:26 PM
be careful with FCX it has more room to run especially if this market continues up.
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karennma
8,057 posts
msg #97778
- Ignore karennma |
12/3/2010 1:01:09 PM
That's Y I only bot ONE contract.
If I'm wrong, I've only lost $212.oo.
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karennma
8,057 posts
msg #97779
- Ignore karennma |
12/3/2010 1:04:36 PM
But if I'm right ... I'm gonna DOUBLE my money!
$$$
:>)
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straken
469 posts
msg #97784
- Ignore straken |
12/3/2010 2:39:10 PM
That was a DEC FXC $105. PUT @ $2.12.
Call net premium -400K vs +168K for Puts with -.118 theta decay. Could have faired better selling the calls but you should be ok for a few days.
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straken
469 posts
msg #97789
- Ignore straken |
12/3/2010 4:14:34 PM
bought 50 of the DEC48P @ .50 on X near the close, IV30 to HV30 +8 pts.
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