dave, what you think , put options on AA at market open?
dave can you chart CVM, it was just mentioned to me. broke out today , i just cant make an opinion on that half body candle.
I don't know, kind of risky, woulda been better to have bought puts today based on CNBC's positive mention back a while ago, ie. go the opposite way, lol.
I'd stay away, unless you can catch a pattern on a 5 min chart and day trade it. I'm just not into options unless I have a real good feel for a breakout ahead of time. I think playing AA is risky now since it's post news.
I've been trading like crazy, and like the risk much better than options. Just playing breakouts on mainly resistance levels or bounces on support.
Last edited by Dr. Dave; 01-12-2010 at 12:11 AM. Reason: add bounces
Man, that one is a toughy, I hate it when they reverse like that. I woulda gone in EOD on a full white on that guy.
For that one, I'd say, if the open is within the upper wick, and it moves to take out the high, then go in.
The other play is to watch the 5 min and see if you can catch $1.01 or $1.00 if it looks like it's turning down in the morning.
I'm maxed out on trades at the moment, but I thought COIN was looking pretty good, and could still be good breaking the even $1. Pretty clear $0.76- 0.77, or rather, under $0.80 was the real good buy area.
Still needing to get you some tickers - I got stuck doing some time sensitive stuff for the boss.
lol, a strangle on AA would have actually worked..
Currently
$17.50 calls -0.55
$17.50 puts +1.35
therefore $80 win per contract pair
Last edited by Dr. Dave; 01-12-2010 at 08:09 PM. Reason: change prices to reflect EOD and 20 min delay
hey Buddy thanks...the ocnf dillution really hurt it this year..its a big gap to fill...we may see this a little longer..I thought I was rich again this A.M in behl
and came up a little short...I sure hate spending that money before its mine....!!
OH no ...!!! where is Mr,Bill.......
He must be with Super Dave Osborn....