All you have to do is play the range for right now. the top of the range is 206.62. The bottom of the range is 197.94. It has been in this range now since the Dec 31st close. It will break soon I believe. Once you get a close outside of this range you then play it in that direction. Until this happens play the SPY to stay in the range. I have the weekly puts that expire next week. While it got above the range Friday it did not close above the range leading me to believe that it will trade lower in the near future to test the lower part of the range. One close above the range though and I will close my position
I use VV as well. Bought call leaps last year. They are pretty spot on I have found over the 4 yrs I have been using it. May not get to $200 this year but I bet it gets there next year
Could not agree more. I am surprised at how much people on this board care about insiders selling GILD. It means nothing like you said. So many different reasons to cash out
agree 100% If it doesnt sell off today into the close there is no way it holds up tomorrow. I would think nobody wants to be long into the weekend.
Not sure how many shares you are holding but I would write OCT covered calls against it immediately. Drive down your cost a little at least. I would sell the $25 calls and collect $2.50 per contract
Bought 200 shares today at 19.05. Immediately sold 2 of the Oct $25 calls for avg of $4.70 each. Has to hold above 14.35 roughly for me to break even. Worried about failure on new drug but limited my downside by selling options. Capped my earnings potential but rather be safe than sorry
are you on twitter by any chance? wouldn't mind following you to get ideas and things. You seem to be very intelligent and give sound knowledgeable advice which is hard to find on here
I have the Jan 2016 $125's. In at 9.90. Just bought them last week. I am thinking this thing could be around $175 by the time these expire. Thoughts?
not a chance. to compare hh gregg to radio shack is like comparing apples to oranges. have you been in an hh gregg store? nothing like a radio shack. wont find to many appliances or tv's in a shack or tablets or anything like a laptop for that matter. very much different animals. hh will bounce back, might not be for a few months or so but it will get back to $9-$10 within a year
The volume is going crazy because people are making a killing flipping this between .0002 and .0003. I think within a week or so it will be .0001 and .0002
I just bought my first shares today for the split next month. I was wondering if anyone knows if they will still have mini options for Apple. I would like to sell covered calls to generate more income as I dont have enough shares to do regular options.
exactly. This will kill all the options volatility I would think. No longer will you get wild price swings on Fridays when everyone is playing the weekly's
I would think the split will take a lot of the volatility out of the options. Might just get some truer pricing on the stock instead of all of the manipulation on Friday's. Thoughts?