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  • flyerd1 flyerd1 Jan 15, 2008 4:49 PM Flag

    For those 'who can accept' the potential for a 19% return...

    First, I'd never pull any money out of a retirement account. Second, those are some pretty interesting returns since last May. Honestly, I'm probably not as good a match to give you ideas as unseen because I don't have such a high turnover rate. You seem to be more inclined to gravitate towards highly volatile stocks like any of the solar plays and a lot of the China ones. I generally don't like them because the premiums are very expensive.

    I'm closer to buying (or adding to) option positions in the VG sector as well glw, csco, amat, orcl, and intc (especially if it's at $20). ATVI Feb $27.50 calls around .75 could be a decent trade because the earnings announcement/cc "should" add some positive clarity to the Blizzard deal. The risk is that they issue conservative guidance (which won't go over in this mkt). The good news is that the $27.50 tender would keep it from going very deep into the $25's. That wouldn't be so hot for the calls though. I wouldn't strangle it though because even if it did fall to $25.50 the put value is being reduced because of that same $27.5 tender price. For me, I like selling puts if it falls into the $25's somehow (I'll sell the Jan 09' or 10' $30 puts). The gme options are very attractive as well at these levels. A possible strangle trade could be the Mar CHL 70X80 for around $8. There's a good chance that it moves significantly one way or the other from the $75 level.


    Again, I wouldn't use any retirement money. GL

    GITA!!!

 
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