I was very disappointed in the earning and sold all my position on Wednesday around 10:00h. A bit to early but in retrospect a good move and I have a bit of money to show for. I was to chicken to buy at $49 but a recovery to the $53.4 or $56 on a strong rebound is a good bet!
That makes sense. That would mean that the stage is set and the curtains will rise in about a weeks time on LL earnings. And we might even get a bit of a boast from short covering.
Sentiment: Strong Buy
Thank you for the heads up. JDST is always on my radar but I find it to difficult to get money out of a 40 cents channel.
Just checked the summary page for ALDW and it says Xdiv is Feb 12th. If you want the div/disbursement you have to buy no later then Feb 11th 2015.
When in doubt Google. Investopedia gives a definition so does the SEC. Accordingly the ex div date should be the Feb. 23rd. If you buy on that date you will NOT qualify for the dividend. If you want the dividend you will have to buy Feb. 20th because of the weekend. So people buy I want to see $20 before that.
Someone posted that Blackrock hedge-fund was a net seller and last Friday was option exp and since it ran up quit a bit so I guess the option writers dragged down the price under $60 and with it came stop loss selling and like always these things snowball. Other then that I have not seeing any recent headlines or news item which would justify such a drop. Put option premium is high right now!!!
Now that is what I call shaking out the orders. Running up to catch the calls running down the price to catch the puts. This guy has a great day.
The MM in options must sit on a huge short! Only explanation I have as to why put options are not moving. LL is down $12 or 20% from recent levels. For the SEC everything is OK and why not there is nobody to watch or investigate. They just have enough budget to answer the phone and put up some appearance.
Do you have a source/ link/ article. Especially of what happen around 2:00h pm. Thank you.
Long term trend ( 6 month) and Medium trend line ( 3 month ) still declining. If I am lucky I can catch short term swings. My trading plan and out look for JDST has not changed and I will measure my holding period in hours not days. Better to buy JNUG for the next days and weeks.
and a flight to " save investments" like Gold. A terrorist attack in the heart of Europe is very bad. If these attacks continue and or spread they will disrupt and eventually derail European economic activity. Watch out below.
The sure things I keep to my self because not all work out. Actually very few sure things worked out for me. Trick is to cut your losers and let your winner run. Easier said then done of course.