One can hope, this would be a great way to start the weekend :)
Max pain anyone? Lots of 65 Weekly puts were purchased after earnings, and nearly a 1:1 ratio call to put ratio today.
Seems like the big banks aren't going to want to get stuck with buying back shares that they wrote the puts for.
Technicals offer an inviting entrance price. Fundamentals: Strong year over year growth, with an aggressive share repurchase/ buyback
2011; 723.6M Outstanding
2012; 679.1M Outstanding
Inorganic eps growth - okay on the surface, and okay with a company like TGT.
lfmg dot info /tgt-quick-analysis if you care to see where I found my info
Hope we see some short covering into the close. Usually when I get nervous about a long position I use my fear gauge to buy more. Lets see how this one pans out.
I've been buying weekly 65 calls all day, I'm thinking we'll see some big money coming in towards the close, maybe some short covering as well.
It's been a little painful watching this one go down as the spx goes up.
Later today or tomorrow I hope.
Long 210 Weekly 4 $65 Calls @ avg cost of .3271
Currently trading @ .10/.15 arrgg
what's the strike price?
what's your P/L on the following price slices using today's closing price on the Match 16 Put?
What's the theta on the PUT you hold? (time decay/how much you're losing each day if the underlying stock price was to stay constant.)
More importantly did you learn anything from this experience in regards to managing risk, regardless of your personal sentiment?
Options are the quickest way more experienced traders and machines take your money.
who's knows if there's any validity, stop at 17.50
she's going to be up any minute now, if she asks about i'll just blame her for being careless with her belongings.
I got kinda screwed my market order for the Weekly 4 200 Call Options, ended up paying $0.65/share. I was able to buy 247 contracts though with the funds though. I mean even if NFLX only goes to 202 tomorrow I'm making 1.35 on 24,700 shares.
The pawn shop owner was totally cool, he said I can buy the ring back on Monday for a $250 holding fee. I might just buy my wife a new ring though, i think she would like that more
Im just curious what was going thru your head as you continued to buy as shares plumetted on a stock with technical indicators pointed down and fundamentals giving a 3-5 year valuation price target at 160