After (1) week ASIA is still holding up. Gotta try another -
Monday, December 28, 2009
12:22 pm EST
Bought 200 shares of HEAT (SmartHeat, Inc.) at $14.40 (ask).
Sold (2) HEAT Jan 15 (QBHAC) call option contracts at $0.40 (bid).
Stop Loss: $14.40
We'll have to see what this wants to do. Volume in the market will be telling as typically in January we'll see it increase.
G
--- In ConservativeOptionS
>
> Friday's close marked the expiration of our short December call option contracts.
>
> RINO (RINO International Corporation) closed at $27.54.
>
> (1) RINO Dec 25 (QKOLE) call option contract was exercised.
>
> 100 shares of RINO were sold at $25.00.
>
> ASIA (AsiaInfo Holdings, Inc.) closed at $30.06.
>
> (1) ASIA Dec 25 (EUJLE) call option contract was exercised.
>
> 100 shares of ASIA were sold at $25.00.
>
> --- In ConservativeOptionS
> >
> > Still into NANO and RINO - and about 25% vested. Stil approaching this market with "caution". It is only Monday, but the the benchmark averages are indexed against upper support. These last 4 months the market swings wanna take me out of my positions (jacked out of ASIA & HEAT) before expiration (Friday), so once again - we shall see.
> >
> > Better safe than sorry with my high-octane long-term approach.
> >
> >
> > G
> >
> >
> >
> >
> > ____________
> > From: Gilbert <gilbert_arevalo@
> > To: ConservativeOptionS
> > Sent: Tue, December 8, 2009 5:26:26 PM
> > Subject: [ConservativeOption
> >
> >
> > NANO closed at a new 52-week high in nearly four times its average volume.
> >
> > Meanwhile, the market suffered distribution days across the board. I am still a bit more than 25% vested - watching things closely.
> >
> > G
> >
> > --- In ConservativeOptionS trategies@ yahoogroups. com, "Gilbert" <gilbert_arevalo@ ...> wrote:
> > >
> > > At 16 - up in heavy trade - HEAT "looks" golden, but with more distribution stacking up today and AAPL sub-50-day MA. . .I think the market, having run it's course, may be *entirely* susceptible to steep losses - at this juncture?!?
> > >
> > > G
> > >
> > > --- In ConservativeOptionS trategies@ yahoogroups. com, "Gilbert" <gilbert_arevalo@ > wrote:
> > > >
> > > > So did the "market" just wring out the excess in HEAT? That would've (lol) made it a "good" trade at 14.50 (about a dollar ago).
> > > >
> > > > G
> > > >
> > > > --- In ConservativeOptionS trategies@ yahoogroups. com, "Gilbert" <gilbert_arevalo@ > wrote:
> > > > >
> > > > > Massive pop to ASIA (entered a smaller position Friday) - but should HEAT be re-entered. Errr! this market sux!
> > > > >
> > > > > G
> > > > >
> > > > > --- In ConservativeOptionS trategies@ yahoogroups. com, John Hudgens <jdhudgens2000@ > wrote:
> > > > > >
> > > > > > I think Gilbert needs to learn to fall in love with stocks more. Buy stocks you would like to own and write more than one call on.  If its in a definite up trend, write a 1 strike OTM call, if sideways ATM, A leap often forces you to think that way. A leap is cheaper than the stock, but you do pay a premium.  If the stock is greater than the strike, buy the call back on expiration friday and write a new one at a higher strike, your leap appreciated, you made money. If your leap gets too far in the money, roll it down and turn it into 2 leapsat a higher strike price, you will then have more delta ! at 90 versus say 2 @74) so will make more money on appreciation and more premium since you have 2 leaps.
> > > > > > Â
> > > > > > When one sets stops, Yahoo charts suck. I use Street Smart Pro to analyze and lay on upper and lower trend lines -- there are never more than 3 higher highs or 3 lower lows in a row-- no science, just the facts. then add resistance and support look for resistance and support say .   The rest are my rules . Never buy near the intersection of lower trend and support -- a recipe for potential  disaster, especially if the volume shows lots of red. Buying near the interestion of resistance and upper trend shows a lot of optimism especially if near the third higher high-- its going to go down on average -- independent of most indicators-- based on the earlier rule -- there are exceptions, but that takes too much other analysis
> > > > > >
> > > > > > --- On Sat, 12/5/09, HankF <hanksterr@> wrote:
> > > > > >
> > > > > >
> > > > > > From: HankF <hanksterr@>
> > > > > > Subject: [ConservativeOption Strategies] Re: My CC Trades
> > > > > > To: ConservativeOptionS trategies@ yahoogroups. com
> > > > > > Date: Saturday, December 5, 2009, 12:03 AM
> > > > > >
> > > > > >
> > > > > > Â
> > > > > >
> > > > > >
> > > > > >
> > > > > > Hi Gilbert,
> > > > > > I am just throwing this out for discussion.
> > > > > >
> > > > > > Suppose you were to buy a ditm call with a delta >80 and treat is as the stock.
> > > > > >
> > > > > > The key is you want as little time value cost as possible.
> > > > > >
> > > > > > In other words, if you would have gotten called out on the stock because your short call strike was lower than the stock at expiration, then you close out your long call position too, even if you don't have to.
> > > > > >
> > > > > > If you would not have been called out of the stock, then your choice is to repeat again selling more short calls just like you would do with a covered call and stock.
> > > > > >
> > > > > > I would think you would have greater returns.
> > > > > >
> > > > > > What do others think>
> > > > > >
> > > > > > --- In ConservativeOptionS trategies@ yahoogroups. com, "Gilbert" <gilbert_arevalo@ ...> wrote:
> > > > > > >
> > > > > > > Probably get stuck here, again - but taking a small position in ASIA (again) at the open. This market is going to *have* to prove to me it needs correcting. It is not if, but when. So yeah. . .prove me wron Mr. Market and tank 10%+!
> > > > > > >
> > > > > > > Friday, December 4, 2009
> > > > > > > 9:30 am EST
> > > > > > >
> > > > > > > Bought 100 shares of ASIA (AsiaInfo Holdings, Inc.) at $25.56 (ask).
> > > > > > >
> > > > > > > Sold (1) ASIA Dec 25 (EUJLE) call option contract at $1.40 (bid).
> > > > > > >
> > > > > > > Stop Loss: $24.16
> > > > > > >
> > > > > > > Just a 30 point NDX gap up this morning, he-he.
> > > > > > >
> > > > > > > G
> > > > > > >
> > > > > > > --- In ConservativeOptionS trategies@ yahoogroups. com, "wavemechanic" <fimdot@> wrote:
> > > > > > > >
> > > > > > > > On the other hand, FWIW, I don't look at fundamentals, financial statements, etc. but rather analyze both indices and equities technically and see the same results for both.
> > > > > > > >
> > > > > > > > Bill
> > > > > > > > ----- Original Message -----
> > > > > > > > From: joe & leigh
> > > > > > > > To: ConservativeOptionS trategies@ yahoogroups. com
> > > > > > > > Sent: December 03, 2009 4:32 PM
> > > > > > > > Subject: [ConservativeOption Strategies] Re: My CC Trades
> > > > > > > >
> > > > > > > >
> > > > > > > > i don't trade anything but indexes because i've been with individual equities
> > > > > > > > and did not work out. IMO there is no financial statement put out by any company
> > > > > > > > that realy reflects the financial stability of that company....go back to enron
> > > > > > > > and look at all the financial companies last year......never felt IBD ever got
> > > > > > > > it right overall..... what was the rating of BAC, C, and especially AIG....do i
> > > > > > > > really want to trust their ratings or any other rating service...would love to
> > > > > > > > hear a thread here....would love to know maybe i missed the boat......drjoe
> > > > > > > >
> > > > > > > >
> > > > > > > > --- In ConservativeOptionS trategies@ yahoogroups. com, John Hudgens <jdhudgens2000@ > wrote:
> > > > > > > > >
> > > > > > > > >
> > > > > > > > > I get Nanometrics as NANO. I get HEAT as Smart Heat.  What did you buy??? HEAT got a 99 from IBD but ragged by MSN (no scouter and 2 stars). Analysts were nice. Chart is ugly but in a good near term up trend. In fact, The slow stocastic says go as does the MACD.  Three  gaps are confirmed by volume. I am worried that today may have an engulfing doji, but the volume is low and maybe should be ignored!  You'll net $0.86 on a stock that right now is at $15.30. I would plan to do this again next month. even tho you will have to buy it back.
> > > > > > > > > Â
> > > > > > > > > If you feel it is worth bragging about making 5.6% in 2 weeks, I don't blame you, but it would seem worth while to justify the buy rather than throwing it on the table like the guy that just bluffed his way to the pot with a pair in a poker game -- Information should be transferred here! (ATM and breakout point is very shallow thinking)
> > > > > > > > > Â
> > > > > > > > > Why did you make the trade? Only based on yield and near the break out?
> > > > > > > > >
> > > > > > > > > --- On Thu, 12/3/09, Gilbert <gilbert_arevalo@ > wrote:
> > > > > > > > >
> > > > > > > > >
> > > > > > > > > From: Gilbert <gilbert_arevalo@ >
> > > > > > > > > Subject: [ConservativeOption Strategies] Re: My CC Trades
> > > > > > > > > To: ConservativeOptionS trategies@ yahoogroups. com
> > > > > > > > > Date: Thursday, December 3, 2009, 8:28 AM
> > > > > > > > >
> > > > > > > > >
> > > > > > > > > Â
> > > > > > > > >
> > > > > > > > >
> > > > > > > > >
> > > > > > > > > Thursday, December 3, 2009
> > > > > > > > > 11:18 am EST
> > > > > > > > >
> > > > > > > > > Bought 200 shares of HEAT (Nanometrics, Inc.) at $15.59 (ask).
> > > > > > > > >
> > > > > > > > > Sold (2) HEAT Dec 15 (QBHLC) call option contracts at $1.45 (bid).
> > > > > > > > >
> > > > > > > > > Stop Loss: $14.14
> > > > > > > > >
> > > > > > > > > I need to (again) increase exposure as this market uptrend is unrelenting. This is fairly conservative since expiration is 2.2 weeks away and it is slightly ITM. Also the entry is near to it's break out point.
> > > > > > > > >
> > > > > > > > > G
> > > > > > > > >
> > > > > > > > > --- In ConservativeOptionS trategies@ yahoogroups. com, John Hudgens <jdhudgens2000@ ...> wrote:
> > > > > > > > > >
> > > > > > > > > > Nano gets a 94 from IBD
> > > > > > > > > >
> > > > > > > > > > --- On Wed, 12/2/09, joe & leigh <gass20@> wrote:
> > > > > > > > > >
> > > > > > > > > >
> > > > > > > > > > From: joe & leigh <gass20@>
> > > > > > > > > > Subject: [ConservativeOption Strategies] Re: My CC Trades
> > > > > > > > > > To: ConservativeOptionS trategies@ yahoogroups. com
> > > > > > > > > > Date: Wednesday, December 2, 2009, 11:26 AM
> > > > > > > > > >
> > > > > > > > > >
> > > > > > > > > > ÃÆ',
> > > > > > > > > >
> > > > > > > > > >
> > > > > > > > > >
> > > > > > > > > > G,,,thanks for the post...good analysis...i just wish i had the risk profile you have...good luck and again thanks...drjoe
> > > > > > > > > >
> > > > > > > > > > --- In ConservativeOptionS trategies@ yahoogroups. com, "Gilbert" <gilbert_arevalo@ ...> wrote:
> > > > > > > > > > >
> > > > > > > > > > > Certainly. I liked the chart. Lots of buying volume recently and near it's "breakout" point (of course selling cc's gives you a bit of cushion and my strategy doesn't dictate I have to have impeccable research skills). IBD rates it a top stock and although the trend is under "caution" - the continued bullish action by the market dictates that I continue to test my exposure (each 50 point NDX jump makes me HAVE to at least wade in).
> > > > > > > > > > >
> > > > > > > > > > > I have to admit, my system has not worked great these last few months as volatility has continued to trigger my stops and IBD market direction calls have been counter-intuitive (buy high/sell low) - but if 10 years are an indicator, all will fall back into place - perhaps with a 10%+ correction to wean this baby.
> > > > > > > > > > >
> > > > > > > > > > > Oh and did I mention that NANO won't be reporting earnings within the DEC cycle? Anyways, "the market can stay irrational a lot longer than we can stay solvent". I keep getting 1/4, then 1/2 then 3/4 vested - only to see the market suddenly distribute and pull my stocks down, only to go back up in lower volume (price & volume are my main indicators)! So in the last few months I keep losing 1.5% or so each month.
> > > > > > > > > > >
> > > > > > > > > > > Once we truly bottom out, my high-growth strategy then takes off to provide ample equity over a 3-9 month period. Holding onto past gains is actually the most important feature to my long-term system. . .so temporary caution (versus loosening up rock-solid parameters) will always (hopefully) take precedence.
> > > > > > > > > > >
> > > > > > > > > > > Thanks,
> > > > > > > > > > >
> > > > > > > > > > > G
> > > > > > > > > > >
> > > > > > > > > > > --- In ConservativeOptionS trategies@ yahoogroups. com, "joe & leigh" <gass20@> wrote:
> > > > > > > > > > > >
> > > > > > > > > > > > gilbert,,,would you like to share why you bought nano and did a covered call....thanks helpful if people explained their reasoning..regardin g fundamentals/ technical, ,,,,etc.. .with their trades....drjoe
> > > > > > > > > > > >
> > > > > > > > > > > > --- In ConservativeOptionS trategies@ yahoogroups. com, "Gilbert" <gilbert_arevalo@ > wrote:
> > > > > > > > > > > > >
> > > > > > > > > > > > > Wednesday, December 2, 2009
> > > > > > > > > > > > > 12:02 pm EST
> > > > > > > > > > > > >
> > > > > > > > > > > > > Bought 200 shares of NANO (Nanometrics, Inc.) at $12.84 (ask).
> > > > > > > > > > > > >
> > > > > > > > > > > > > Sold (2) NANO Dec 12.5 (NTQLV) call option contract at $1.05 (bid).
> > > > > > > > > > > > >
> > > > > > > > > > > > > Stop Loss: $11.79
> > > > > > > > > > > > >
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> > > > > > > > Yahoo! Groups Links
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