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Staples, Inc. Message Board

xquestor 99 posts  |  Last Activity: Jun 25, 2015 3:57 PM Member since: May 12, 2009
  • Reply to

    This Friday

    by xquestor May 11, 2015 12:51 PM
    xquestor xquestor May 12, 2015 10:49 AM Flag

    Conservative trades are safe trades. At a $1.95 premium per share the return is 1.95/18.05= 10.8033% for 632 days. However; my bet is that MU will rally in price and the option premium will drop and at a point much sooner can be bought back for pennies and will produce a higher rate of return. As additional options are put in place with longer expiration dates, most older options begin to degrade in value faster. XQ

    Sentiment: Buy

  • Reply to

    This Friday

    by xquestor May 11, 2015 12:51 PM
    xquestor xquestor May 12, 2015 9:57 AM Flag

    See the thread XQ thoughts.

  • Reply to

    This Friday

    by xquestor May 11, 2015 12:51 PM
    xquestor xquestor May 12, 2015 9:54 AM Flag

    5/12/2015 9:55 am
    It is looking like $26.96 is where MU is headed for a Friday close.
    I have placed a Sell to Open the Jan 2017 $20 put options at $195 per contract 5days ago.
    At that price you would pay $18.05 per share if the stock were put to you.
    The trade has plenty of downside protection built in.

    XQ

    Sentiment: Buy

  • Reply to

    This Friday

    by xquestor May 11, 2015 12:51 PM
    xquestor xquestor May 12, 2015 9:20 AM Flag

    Just so you know, i am a put option trader. I wait for a target stock to have an event (sell off) and then I will sell put options.
    A long time ago I poster my trading prerequisites for selling puts. When I get time I will try to find it and bump it up. XQ

    Sentiment: Buy

  • Reply to

    Is the market crooked?

    by bobforaps May 12, 2015 8:43 AM
    xquestor xquestor May 12, 2015 9:03 AM Flag

    Sure did.

    http://finance.yahoo.com/echarts?s=AOL+Interactive#{%22showLine%22:false,%22showOhlc%22:true,%22showBollinger%22:true,%22showSma%22:true,%22smaColors%22:%22#cc0000,#000000,#ff00ff,#9900ff,#38761d,#0000ff,#f1c232%22,%22smaPeriods%22:%222,4,9,18,50,100,200%22,%22smaWidths%22:%221,1,1,1,1,1,1%22,%22smaGhosting%22:%220,0,0,0,0,0,0%22,%22lineType%22:%22bar%22,%22range%22:%226mo%22}

  • Reply to

    This Friday

    by xquestor May 11, 2015 12:51 PM
    xquestor xquestor May 12, 2015 1:00 AM Flag

    In one respect MM's are like the small investor. They do not know how the earnings report will play out. Once that is out they will be back to destroy the small option players who buy calls and puts. XQ

    Sentiment: Buy

  • Reply to

    XQ thoughts?

    by codi.rocks May 11, 2015 12:45 PM
    xquestor xquestor May 11, 2015 11:47 PM Flag

    There are two types of pain. OP is based on longer term statistical option prices as compared to CP as shown in my prior post. XQ

    http://www.optionpain.com/OptionPain/Option-Pain.php

  • Reply to

    XQ thoughts?

    by codi.rocks May 11, 2015 12:45 PM
    xquestor xquestor May 11, 2015 11:35 PM Flag

    Read the commentary at the bottom of the page link. Market traders tend to work together.
    If they were to work against each other they would make no money. I have found that the best way to make money is by selling put options. You do have to know what you are doing though. XQ

    http://www.optionpain.com/CurrentPain/Current-Pain-demo.php

  • xquestor xquestor May 11, 2015 9:46 PM Flag

    I think you are having a rough day with your word.....s.

  • Reply to

    XQ thoughts?

    by codi.rocks May 11, 2015 12:45 PM
    xquestor xquestor May 11, 2015 9:22 PM Flag

    This is how the MM's play the game. When the stock price is driven up they sell tons of calls and they buy the puts.
    They run the stock down and the calls become worthless and most expire worthless. The puts that they bought are sold for a profit.
    Then they buy the cheap calls and sell the higher priced puts, before driving the stock price higher to reap more profits.
    A MM is playing multiple options over a longer time frame then most option players. You have to know how the game is played to be a player.
    90% of call and put option buyers lose money. The reason is that they do not understand how the game is played.

    XQ

    Sentiment: Buy

  • xquestor xquestor May 11, 2015 1:40 PM Flag

    MU's price has rallied off the lower BB. Today the 50 is sitting at $28.14. We could see the 50 tested but , I believe MU will slip back to the lower $27 level. Next week should see a move up above $28 and above the 50 DMA. XQ

    Sentiment: Buy

  • Reply to

    This Friday

    by xquestor May 11, 2015 12:51 PM
    xquestor xquestor May 11, 2015 1:27 PM Flag

    Codi;
    If you look at the call and put options for May 22, 29 and June 5, 12; you will see a big drop in the number of contracts as compared to this Friday. XQ

    Sentiment: Buy

  • xquestor by xquestor May 11, 2015 12:51 PM Flag

    5/11/2015 12:50 pm
    I would not expect that MU will close over $28 this week. It would not surprise me if MU will close around $27.
    If you look at the call and put options for this week you will see that the number of call options far out number the puts. This leads me to believe that the MM's will push the price up to $28 and then drop it back down to the $27 level. XQ

    http://finance.yahoo.com/echarts?s=MU+Interactive#{%22showLine%22:false,%22showOhlc%22:true,%22showBollinger%22:true,%22showSma%22:true,%22smaColors%22:%22#cc0000,#000000,#ff00ff,#9900ff,#38761d,#0000ff,#f1c232%22,%22smaPeriods%22:%222,4,9,18,50,100,200%22,%22smaWidths%22:%221,1,1,1,1,1,1%22,%22smaGhosting%22:%220,0,0,0,0,0,0%22,%22lineType%22:%22bar%22,%22range%22:%226mo%22}

    Sentiment: Buy

  • Reply to

    XQ how does today flush out?

    by codi.rocks May 8, 2015 1:08 PM
    xquestor xquestor May 9, 2015 9:59 PM Flag

    5/9/2015 11:48 am

    It is possible that the price could be pushed to $26. The number of call option contracts far outweigh the put contracts for next Friday. I use Scottrade for an accurate accounting of option contracts outstanding. Yahoo option pages are not to be trusted. Now is the time to be looking at selling 2017 Put options as their prices have increased. XQ

    http://finance.yahoo.com/echarts?s=MU+Interactive#{%22showLine%22:false,%22showOhlc%22:true,%22showBollinger%22:true,%22showSma%22:true,%22smaColors%22:%22#cc0000,#000000,#ff00ff,#9900ff,#38761d,#0000ff,#f1c232%22,%22smaPeriods%22:%222,4,9,18,50,100,200%22,%22smaWidths%22:%221,1,1,1,1,1,1%22,%22smaGhosting%22:%220,0,0,0,0,0,0%22,%22lineType%22:%22bar%22}

    Sentiment: Buy

  • Reply to

    XQ how does today flush out?

    by codi.rocks May 8, 2015 1:08 PM
    xquestor xquestor May 8, 2015 10:51 PM Flag

    This was just a weird week!
    Next week the same.
    Options for next week are so lopsided.

    XQ

    Sentiment: Buy

  • Reply to

    XQ how does today flush out?

    by codi.rocks May 8, 2015 1:08 PM
    xquestor xquestor May 8, 2015 2:00 PM Flag

    It looks like the MM's have pulled a fast one on the market. If you look at the call and put options for today and next Friday, the number of calls outstanding far surpassed the puts. Hence the MM's drove the stock price down to make thousands of call options worthless. I am thinking $27.43 is the close after looking at the chart and options.

    XQ

    Sentiment: Buy

  • Reply to

    Convertibles

    by jcjky May 8, 2015 11:38 AM
    xquestor xquestor May 8, 2015 1:51 PM Flag

    Its real simple
    A. MU is buying back $ 1Billion in stock. The lower the price of the stock the better it is for existing shareholders as the stock will go up in value to the benefit of the company and shareholders.
    B. MU is borrowing $ 1 Billion dollars at 5.++% interest for 20 years. If interest rates go up MU wins. If Inflation goes up MU wins. And; so do shareholders.
    C. MU is buying back the convertible notes which is a threat to the share count from the standpoint of dilution.
    D. So buy stock on the cheap and or sell the $18, $ 20 or $23 Jan 2017 put options for the best premium possible.

    http://finance.yahoo.com/echarts?s=MU+Interactive#{%22showLine%22:false,%22showOhlc%22:true,%22showBollinger%22:true,%22showSma%22:true,%22smaColors%22:%22#cc0000,#000000,#ff00ff,#9900ff,#38761d,#0000ff,#f1c232%22,%22smaPeriods%22:%222,4,9,18,50,100,200%22,%22smaWidths%22:%221,1,1,1,1,1,1%22,%22smaGhosting%22:%220,0,0,0,0,0,0%22,%22lineType%22:%22bar%22,%22range%22:%226mo%22}

    XQ

    Sentiment: Buy

  • Reply to

    Convertibles

    by jcjky May 8, 2015 11:38 AM
    xquestor xquestor May 8, 2015 12:50 PM Flag

    YES

    Sentiment: Buy

  • Reply to

    Protect your MU stock!

    by xquestor May 5, 2015 5:26 PM
    xquestor xquestor May 7, 2015 11:13 AM Flag

    Scottrade is somewhat backwards as to your comments. They do have great charts, options pages and portfolio pages. They just started allowing certain clients to trade put options with level 4 approval. XQ

  • Reply to

    Protect your MU stock!

    by xquestor May 5, 2015 5:26 PM
    xquestor xquestor May 6, 2015 11:37 AM Flag

    Years ago my local CS broker and I were talking about how stock was loaned out from customers accounts. He was the one that told me about placing a sell order at a much higher price to keep the stock from being loaned out. XQ

    Sentiment: Buy

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