The trade on the "street" is buying shares of Sirius XM and Selling December $3 Covered Calls against them for a quick buck.
Quote:
Originally Posted by denco1
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The trade on the "street" is buying shares of Sirius XM and Selling December $3 Covered Calls against them for a quick buck.
Quote:
Originally Posted by denco1
Don't know much about options.....so just try to keep it simple, buy low and sell high.Quote:
Originally Posted by midas360
Been hearing stuff about triple witching and some possible volatility.
One concern is this recent rise in the stock price and news was not priced into these options. I would suspect that Sirius XM will trade erratically on Friday. Monday, will be back to normal unless FCC news hits or Liberty says something.
Quote:
Originally Posted by denco1
Pandora jumped 50 cents in the past two trading days and seems to be holding.
I'll looked through the news for Pandora and didn't find anything to explain it.
Anyone have thoughts/knowledge?
The first day trading without Mel, seems weird.Quote:
Originally Posted by denco1
$1,300,000 salary, isn't that what Mel made per week?:money:
http://files.shareholder.com/downloa...13-12-6625.pdf
Quote:
Originally Posted by denco1
Today is a good day in my eyes... Yes, Mel did get us up from .05 a share and kept us from BK, but he is the one that caused the price drop and even put BK on the table. Not to mention giving away 40% of the company. Good riddance
It is but good at the same time to get it behind us and move on.Quote:
Originally Posted by sxminvestor
I'm no expert but I read somewhere that the reduction of the royalty rate won by SIRI could benefit P. That could be a reason for the jump.Quote:
Originally Posted by brian65PLS
Totally agree. I wasn't a Mel fan whatsoever.Quote:
Originally Posted by Bravo863
Hey Denco... how about those Cowboys? LOL
Been a wild few weeks for sure. Win the next 2 and were in the Playoffs. Not going to be easy though. Even if we beat The Saints on Sunday we still need to take care of business in Washington to close it out. Odds are against us.Quote:
Hey Denco... how about those Cowboys? LOL
Got my 2.93s and 2.91s...next stop 2.89 5 day sma...
denco - these are buys correct?Quote:
Originally Posted by denco1
Quote:
denco - these are buys correct?
Yes, I will buy the dip down to 2.85. If all hell breaks loose then I am going to get SMed and sell at a loss on these buys....or just hold and wait for the bounce....
WTF!!!!!!!!
Did you see those BLOCKS!!!!!!:popcorn:
4 blocks.....25MN...EDIT...20.5MN
buys or sells, saw them at 2.91 red ?Quote:
Originally Posted by denco1
I see red as well but SP didn't budge. On the 5 minute the candle is green. It looks like the inital sell dropped it to 2.90 and then was bought with bigger blocks at 2.91......Quote:
Originally Posted by sxminvestor
Quote:
Originally Posted by sxminvestor
Here's a look..Quote:
Originally Posted by denco1
Attachment 661
Hey guys....SIRI could be forming a handle formation on a cup....just fyi....
EDIT: If so, SIRI may be going lower before it goes higher
Attachment 662
Denco... we got our gap fill. What are you thinking now my friend? We go higher?