A bit #$%$ I did not sell this morning but I still have 2,000 warrants and 50 Feb $40 calls
I am usually wrong so good look to all of you who are holding.
Tue Jan 29 15:07:54 2013 Sell 30 AIG Jan 17 '15 $25 Call Executed @ $14.1
Account: xxxx- Your Day Sell to close order for 30 AIG Jan 17 '15 $25 Call at a limit price of $14.1 was executed at $14.1. See order # 1508 for details.
Sentiment: Hold
Chicken feed my dear son. Mere chicken feed. Bought these babies several months back for $2.75. $5500 opening trade swells to over $160,000. January has been a good month. Thank you Netflix. I can now afford a few years of your great service!! I am now heavily shorting YHOO at an entry of almost $21.
Account:xxxx-Your day sell to close order for 20 NFLX Feb 15 2013 $90 Call at a limit price of $80.5 was executed at $80.7. See order#26206411 for details. Optionsfirst by Scottrade
NICE! I almost bought NFLX calls when it was $70 but I had all my money tied up in AIG which I deeply regret. O well live and learn.
Too bad; AIG is going to $60 very quickly.
Sentiment: Strong Buy
Define "very quickly"? A few weeks? A month? Few months? I'm as optimistic as anyone else around here, but even I dont believe we'll hit 60 anytime soon -- unless we get some serious catalysts. Even Cramer's target is only 42. And btw, Biff, bad grammar/misspelling bugs me also, but I think the board is hostile enough w/o pointing it out -- and most basic spellcheckers arent gonna catch the difference between "than" and "then".
I hope is does but I gotta be honest that with all this glee in the air and the markets near all time highs only a fool would not play it safe. At least buy some puts.
It's always wise to take some off the table. You never know what might happen.