94's sound good to me, if it drops to the 80's you'll get a little cash, and feel better about holding your long for the next year or two, or you can yuse the cash you earn from your puts to buy more in the 80's. If it goes to 110, you lose a little cash on your short, but your huge long position makes up for that. You just have to decide how much insurance you want. It does cost you money either way, but it soften the blow if the stock tanks.
Done, I will hold long position for years. Short term cheap puts for Tuesday just in case we sell off , against Jan. long calls. Make a few bucks on the puts this month and the Jan. calls will probably be profitable after the short term sell off. You could actually win on both trades. If sell off does not happen, oh well, small price of insurance for huge upside gains on the long positions.
Absolutely, if we come in line, or slightly below estimates, sell the news! Back to the low 80's But then a slow climb the next 3 years as this company grows. Long term 200+
If we beat, then I agree 110-120. I am long and will hold for years. I did by some cheap Nov 95 puts just in case we get a sell off. I want to make money on the long side and the short term sell off But ultimately I hope I'm wrong and it runs to 120 after earnings.
Baidu is reacting to earnings, Baba is waiting for them. Why would it run up now, there is some risk here that they are in line, or miss slightly, unless you have some inside info. that they will beat the estimates. I am hoping for a beat, but you never know. Long term a no brannier. I think best to buy half position now, and your other half after earnings.
That's just the point "expected to blow it out of the park" Now if they come in line, will that be thought of as a miss, and it drops 10-20 points?
For a trade, I expect movement, but either direction after earnings. I am buying Jan calls, and buying cheap Nov puts. I will be net long, but I will gain on any 5 point or more swing after earnings. If we drop after earnings, and then rise by Jan. I could actually profit from both trades, but at least I have protection on the downside.
I also have a long buy of common stock at 89, which I will hold my long position for the next 10+ years. I think the very long term is a no brainer.
Nice trade here. If we get a run up after earnings, the calls will turn a huge profit, but if we get a short term drop after earnings, the puts will give you the protection, without much cost.
Looks like you can do that tomorrow morning, going down after hours. Time to load up, or will we get a little sell off after earnings, then go back into a steady rise in 2015?
I do too, but I just have to see the earnings report. I would hate to get a 10-20 point drop next week., and not be ready to buy the dip. I will buy again after earnings. If it pops, up 20 points, I'll wait for the first pull back to buy. Can't complain, I own plenty now.
Why I woke up late out here on the west coast, what was the price pre-market? Was it really high?
Of course, every stock is manipulated by the buyers and sellers. This stock just happens to have a lot of buyers, and a growing number of them by the day. If earnings are good, all the excessive buying will push it up to the 120's, or if things are terrible and the world is crumbling, we'll go down to 60's. But, it really does look as thought their business is thriving and we are headed for a good report, so I am betting on 120 by Jan.
Why are you screaming so loud? You must by losing your shorts! We have a company generating tons of cash and has many options going forward. Reasonably valued etc. Boy are you angry, why don't you actually short a company that's losing money? You would be much happier.
A lot of companies understand the value going forward. Lot's of buyers, any indication of good guidance on earnings day and we blow through 100 and go for 110-120 by Jan.
Yes they are mistaken, this is more like amazon. Oh well they'll still make a ton of money. This is a 200- 300 stock in 3 -5 years. Easy long term hold, this daily movement is meaningless for the long term buyers.