Can't imagine someone buying Freescale is doing this.
No shorts or SPAM yet.
I'll have to look may be time to write some covered calls.
NASDAQ closing in on 5k too.
option-pain seems to be o.k. I'll hopefully have more time to look and play more later.
I'm a little shocked that 3/20 MAXPAIN is 19.00
Love the thoughts for options.
A dirty little secret is that I've always had a bit of a mental block when it comes to puts.
While I've done hundreds of call trades (outirght and covered) I've only done puts a handful of times. I really do have a mental block with them.
I may do a small block to buy/write and try and hit this 3/20 19.00 strike.
Thoughts still welcome. I may start a new thread that's less beat up - and I didn't want to hijack the OP's thread.
My old favorites don't exist or are pay now.
I moastly use TDAmeritrade APEX and they don't seem to offer anything (I called APEX the other night after the options folks were gone, I couldn't find anything on my own and the "normal" rep she didn't even know what MAXPAIN was).
I will say that if you just type in MAXPAIN in search - some weird stuff comes up!
Somebody bought a TON of Apr 15 calls today - over 5k worht and less than 100 had been open.
To the naked eye that may be MAXPAIN as well. I'm going in search of a free site with MAXPAIN. Range was 1.80 to 2.10
HOD was 16.85 but about a buck lower as I type. So when they bought there may not have been much premium at that time.
I would suggest that AP will be going atleast somewhat higher.
18.85 is still listed as the high of the day. Which means the MM didn't get a spread on the deal. That is certainly RARE so they wanted my shares and were willing to do without their normal spread...
Just did another cycle with these trading shares.
In @ 17.80 on 2/10 out at 18.85 today(2/26)
I know this is a very slow MB but does anyone else trade AP when it's undervalued like this even if you have a considerable long position like I do?
Small cap, market maker greedy, makes it somewhat hard to trade and often get whole fills especially if you forget to to AllOrNone. Selling usually not so bad.
Curious about your methods.
I've been trading common since the crash.
Was debating about options on crude but none of my accounts are setup for commodities since I've never done them so I'm not real comfortable.
Options - buy/write? Buying calls? How far our for date? Close to current price or deep in the money or way out of the money?
I'm considering how I'm going to continue to play this so thoughts appreciated.
I'm with you on oil price and RIG.
I do use options but have never done a commodity play.
I gotta figure out the best way to do oil options - any suggestions anyone?
Some are simply short, others attention w.hor.es
When they think too many folks have them on ignore they'll just create new ID's and sometimes talk to themselves!
Of all the things Yahoo has done to screw up these MB's the ignore feature is the only positive addition!
I got around to entering a sale order for JCP last week and it went today at 8.24 so a 28% return in what 7 weeks?
I doubt I'll ever buy those shares back - I'm totally out of JCP.
But I have been trading RIG since 1/28/15.
I simply don't have as much time especially during the day to trade like I did at one time.
Been adding to DVA. Infact that's where a lot of my KLIC proceeds have been going.
Almost bought AWK for a trade yesterday but it's over 10% of my portfolio and the weighted average is that I'm up over 68% (not including dividends) so it's kind of a hard stock for me to trade...
And also in the mix the dividend and OE fridayt?
And me - I added some today.
Coincidentally I still own some BRKB's (from pre-split) and had started buying DVA after holding and trading some NXTM for several years just about the time Warren's 2 new guys apparently were buying DVA.
If it drops more I'll continue to add.
Wonder is DVA will ever do a dividend since Dialysis is basically an annuity stream...
Sold some more today at 17.45.
But I've still got a lot left!
These were finally back to even and I have some totally different positions that I'm looking to add to.
IPGP has been a great stock the last year or so.
IIVI has had a great run with nothing really new IMO.
And since the founder is now chairman emeritus and there is basically a cost cutter as CEO and they have all these acquisitions I don't see an urgent reason to add to shares her - or in your case initiate a position.
I recently sold some old shares now that they are finally back in the green.
I have owned NEWP, COHR, and what is now GSIG in the past. Currently in order of $ I have IIVI, RSTI, IPGP now. And of course my smallest position IPGP has done the best since I started buying it.
IIVI had a heck of a run for many years. Then they kinda lost their way when they saw their main product lines becoming stale and the current leader happened to be installed at about the same time, and also the economy tanked. Under Mr. Johnson the company had a purpose, was a founder, leader, visionary, and an excellent energized salesperson. Now I assume the current fella (for several years) is an accountant - or some other overhead position. Not a product guy, salesman, certainly not a visionary. Combine that with stale product and a bad economy and IIVI got hit rather badly. Also for the first time really they took on a bunch of debt being a serial aquisitor for many years after hardly doing any. All very bad timing.
Who knows what the future may hold. For many years this was my favorite smallcap holding and I wished I hadn't traded it so much. But I sold most of my shares way higher than it is now - amazing how time puts things in perspective. Now I'm very happy that I sold most shares much higher years ago.
The sector HAS to be excellent in my opinion. Which basket of players a person decides to buy is the issue.
I sold half today for the same reason.
Just an opportunistic/bottom fishing opportunity so I didn't bother with covered calls or anything.
Never hurts to book some profit!
These shares pre 2011 split, had to wait a long time for them to get green!
About 15% of my remaining shares.
IPGP was good today.
While I'm happy to see it I think IIVI may be ahead of itself a little here.
Took several transactions to get the ultimate fill - and it wasn't for that many shares. I'll have to remember to do AON next time.
"scale in, scale out, online commissions are cheap"
Good luck folks.
NXTM has been a disappointment for me, mgmt worries more about rewarding themselves than getting their products out there for folks to use.
STUPID moves many times, including giving basically control away with an aquisition a few years ago diluting shares. Deals for outside the US where they got virtually nothing, etc. All to get money to reward themselves, ingrain themselves, etc. Running the business to benefit patients and shareholders is an after thought.
I don't follow them closely anymore. I still hold just a few shares.
They HAVE the products. If they get bought out mgmt does VERY well - they made sure of that several years ago. They want to milk this pig, not sell it. They have rewarded themselves with bonus options when they didn't deserve them, etc.
All IMO of course - do your own DD. The nocturnal thing is big too!