In light of yesterday, i have less anxiety having pared down my risk in RIMM, true i mite have cashed more dough today, but a profit is a profit. As i mentioned b4, i will sell when >150% gain even 100%. Tho i did notice Oct150calls getting alot of action. logic sez "crazy", but no 20-bagger return came without risk.
Therz a number of "bull" signs in world of options. scanning BIDU, CHL, gaming stocks(i wantd puts) that are down have call options that are flying. just for laughs i thot of buying Bidu-Oct400calls, well too bad i didnʻt iʻd be up $200+ per contract... has this b/cm a money machine?
AAPL takes a break today(better buy today than ystrdy). possibly from news of Verizon/LG with a so called iPhone-killer. donʻt they know that they have doomed themselves in labeling it as such? Also Eco data is due for friday.
GS just keeps plugging away. i would describe it as my "by the book" option for longs. i am now deciding on an exit strategy.
PALM is my dead horse. so wut did i do? add more May7.5 puts. i donʻt see them coming back. forget iPhone, Blackberrys,... even HTC and LG have fones that kick their butt. I will not add anymore puts iʻm done with them now.
RIMM reports after market closes tomorrow. I will be deciding on adding in the money calls somewhere. with some far out calls/puts.
Somewhere in the distance: SNDK is common sense Long!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment