AAPL: i am hoping the thing sells off prior to earnings... then i will buy a call... maybe a put on the side... they have the potential to surprise... upside... this gets the headlines that GOOG did AND the option premiums are difficult for a small player like me. (mind you i got whacked this past week: USO somewhat, HOT late exit, GOOG... ouch)
AMX: huge Latin/S. America telecom... toss up...
APX: V and MA get the attention...
BAC: the govt manipulates too much. not worth it
BSX: medical devices, may be worth a strangle
SNDK: this may be worth it... one put please...
This week was nonetheless instructive.
-the big names may reward big, but the premiums are prohibitive
-BIDU mirrors GOOG and the options were cheaper.
-any of the 4 horsemen would have been a way to position for GOOG
-MSFT was looked over... they are huge, but played second fiddle, BUT rewarded way more than GOOG. cheap puts + huge returns = happy individual investor. i am hoping that SNDK will be that on Monday.
NO time to hang my head. I almost expected to lose... sad... will get back to the disciplined trading that made me basically double my meager accounts. worked hard and stayed out of trouble...
props to GIO on overstock.com... btw, i bought a put myself today...
2 comments:
I'm going long again in oil... In august.I didn't write any posts about them yet, but to give u heads up ill be buying puts in ANF and FFH soon to hedge against a Vix40.
Don't hang ur head! Fear the trade, but make it. U have a lot of good calls to get u through.
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