Good point John, I was talking about the $15 feb less likely to get called but a good payday if it does
--- On Sun, 12/20/09, John Hudgens <jdhudgens2000@yahoo.com> wrote:
From: John Hudgens <jdhudgens2000@yahoo.com>
Subject: Re: [ConservativeOptionStrategies] wnat may be another near term boring stock
To: ConservativeOptionStrategies@yahoogroups.com
Date: Sunday, December 20, 2009, 8:31 AM
question? why go for $1.20 in feb when you can likely get $0.90 in jan and then again in feb?
--- On Sat, 12/19/09, Vandollar <mercdesdrvr@ yahoo.com> wrote:
From: Vandollar <mercdesdrvr@ yahoo.com>
Subject: Re: [ConservativeOption Strategies] wnat may be another near term boring stock
To: ConservativeOptionS trategies@ yahoogroups. com
Date: Saturday, December 19, 2009, 8:46 PM
STEC was down after hours might be a good idea to buy on a dip Monday and sell the Feb $15 for $1.20 but 90cents for jan is good too. Thank you for MNTA and your input
--- On Sat, 12/19/09, John Hudgens <jdhudgens2000@ yahoo.com> wrote:
From: John Hudgens <jdhudgens2000@ yahoo.com>
Subject: Re: [ConservativeOption Strategies] wnat may be another near term boring stock
To: ConservativeOptionS trategies@ yahoogroups. com
Date: Saturday, December 19, 2009, 10:07 AM
MNTA was mine. STEC has been beatedn dwn so badly it has fallen back into favor. It was $40 before EMC told them to take a hike and cur their sales in 1/2. They are a good company and well worth , to my mind, where they are, you can make $0.90 on the $13 and buy under $13. my indicators say its going up, but that's me. I got sold out on Friday. Note, it went from $11.50 to $12.75 last week. I don't expect a big dip soon. I'll buy more next week..
--- On Sat, 12/19/09, Vandollar <mercdesdrvr@ yahoo.com> wrote:
From: Vandollar <mercdesdrvr@ yahoo.com>
Subject: Re: [ConservativeOption Strategies] wnat may be another near term boring stock
To: ConservativeOptionS trategies@ yahoogroups. com
Date: Saturday, December 19, 2009, 5:30 AM
| Thanks for these ideas the MNTA idea wasposted here by another poster who I don't remember but am grateful too. One sock that is going up even in on recent down days is STEC, might be a short term money maker on options or a long term hold with selling the .25 OTM calls. Tahnks for thes circa $10 stock option ideas
--- On Fri, 12/18/09, John Hudgens <jdhudgens2000@ yahoo.com> wrote:
From: John Hudgens <jdhudgens2000@ yahoo.com>
Subject: [ConservativeOption Strategies] wnat may be another near term boring stock
To: ConservativeOptionS trategies@ yahoogroups. com
Date: Friday, December 18, 2009, 2:06 PM
| MGM: FYI I'm in this for June $6 call -- which miight be stupid as it cost 1/2 the stock cost MGM is at $9.61, Jan 10s are going for $0.50. my guess is one can make 5% for the forseeable future on this one. and if the guess is right, come summer it might be a reasonable gainer. Another way to play this is buy the jan12 $7.50 for $4.80 and write the calls against that. here is a bit of background. don't worry, I paid for this, didn't generate it MGM MIRAGE (MGM) TRADE DRIVERS:
* MGM owns and operates casino resorts in the United States.
* Since tagging an annual low in March 2009, MGM has gained more than 434
percent.
* The equity pulled back today near the 9.50 level, which acted as support
earlier this month and in October 2009.
* There is heavy put open interest for MGM at the January 9 strike. An
unwinding of the short positions related to this open interest could
provide a tailwind for the equity.
* Short interest for MGM is high, with more than 12 percent of the stock's
float sold short. A continued increase in the shares' price could lead to
a short-covering rally.
* Upgrades are a possibility for MGM, as only 4 of the 19 analysts covering
the stock rate it a "buy."
* One potential concern is that the stock is currently trading below its
50-day and 80-day trendlines, which may act as resistance. |
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