Friday, January 8, 2010

[ConservativeOptionStrategies] NANO and stops and charts

 

Look at the iv  and the chart for NANO.  It has a history of moving a $ or more a day relative to the moving average.  If you set stops relative to what you paid less the premium and ignore what the stock normally does,  how can you be shocked if you often are stopped out?? Note  how close it came to and hit the bollinger bands on multiple occasions and those are suposed to be 2 sigma occurances.  This is a 12+/- 2$ stock, not a 12 +/- 0.75$ stock.
 
Chart for Nanometrics Inc. (NANO)

--- On Thu, 1/7/10, zmostatabi@aol.com <zmostatabi@aol.com> wrote:

From: zmostatabi@aol.com <zmostatabi@aol.com>
Subject: Re: [ConservativeOptionStrategies] Re: My 2010 CC Trades
To: ConservativeOptionStrategies@yahoogroups.com
Date: Thursday, January 7, 2010, 7:37 PM

 
Keep it simple....Look at VIX ..if the stock Nano next day drops to $5 your position does not have any protection.



-----Original Message-----
From: Gilbert <gilbert_arevalo@ rocketmail. com>
To: ConservativeOptionS trategies@ yahoogroups. com
Sent: Thu, Jan 7, 2010 10:15 am
Subject: [ConservativeOption Strategies] Re: My 2010 CC Trades

 
Thursday, January 7, 2010

12:43 pm EST

Bought (1) NANO Jan 12.5 (NTQAV) call option contract at $0.30 (ask).

Sold 100 shares of NANO (Nanometrics, Inc.) at $11.10 (bid).

Wednesday, January 6, 2010

9:45 am EST

Bought 200 shares of NANO (Nanometrics, Inc.) at $11.38 (ask).

Sold (1) NANO Jan 12.5 (NTQAV) call option contract at $0.15 (bid).

Stop Loss: $11.23

Sold (1) NANO Feb 12.5 (NTQBV) call option contract at $0.75 (bid).

Stop Loss: $10.63

10:10 am EST

Bought 100 shares of STEC (STEC, Inc.) at $19.17 (ask).

Sold (1) STEC Jan 19 (SQRAT) call option contract at $0.90 (bid).

Stop Loss: $18.27

--- In ConservativeOptionS trategies@ yahoogroups. com, "Gilbert" <gilbert_arevalo@ ...> wrote:
>
> Wednesday, January 6, 2010
>
> 9:45 am EST
>
> Bought 200 shares of NANO (Nanometrics, Inc.) at $11.38 (ask).
>
> Sold (1) NANO Jan 12.5 (NTQAV) call option contract at $0.15 (bid).
>
> Stop Loss: $11.23
>
> Sold (1) NANO Feb 12.5 (NTQBV) call option contract at $0.75 (bid).
>
> Stop Loss: $10.63
>
> G
>


__._,_.___
.

__,_._,___

No comments:

Post a Comment