Wednesday, December 30, 2009

[TheOptionClub.com] Re: Dan Sheridan on Calendar Spreads for 2010 (Live Web Event)

 

Chris, I suspect that this will be nothing short of GREAT! I'm a big fan of Dan Sheridan. In fact, when I took his one day seminar at the CBOE, it turns out we went to the same high school (but not the same years, of course!). He's great to listen to, talk to, and just be with.

I'm sure some of us other "working stiffs" will be asking, so let me be first. Will this be recorded and available for download or some kind of streaming video in the future?

Thanks,
Rob Hansen

--- In OptionClub@yahoogroups.com, "TheOptionClub" <chris@...> wrote:
>
> The New Year is just about upon us, and I have good things in store for
> you...
>
> To kick things of in 2010, Dan Sheridan from Sheridan Mentoring will be
> joining us on Tuesday, January 5, 2010, at 3:00 p.m. CST (1:OO p.m. PST)
> to share as much information as he can about calendar spreads in one
> hour.
>
> https://www2.gotomeeting.com/register/750648578
>
> The above link will get you registered.
>
> We have a limited number of spots for this event so I encourage you to
> 1.) register now (not later), and 2.) log into the event 10 to 15
> minutes early.
>
> I think most of our members are familiar with Dan...
>
> He is one of the most popular instructors over at the CBOE and
> approaches all of his trading with a light sense of humor and keen
> insight. He is particularly adept at income trades and has helped many
> of us sharpen our skills on iron condors, calendar spreads, and more.
>
> With the launch of his own mentoring business, Dan's time has been in
> short supply. The fact that he has set aside some of it for us is
> incredibly generous, so it would really be a shame if you missed this.
>
> Get yourself registered, enjoy a very happy and safe New Year holiday,
> then I will see you next week following Tuesday's market close!
>
> Christopher Smith
> TheOptionClub.com
>

__._,_.___
The goal of TheOptionClub is to provide a forum for members to work together for the purpose of furthering our individual understanding option trading.  All messages and postings, and any materials circulated are provided for discussion and educational purposes only.  No statement contained in any materials from TheOptionClub should be considered a recommendation to buy or sell a security or to provide investment, legal or tax advice.  All investors are encouraged to consult a qualified professional before trading in any security.  Stock and option trading involves risk and is not suitable for most people.  There is no guarantee that any information provided is accurate and, may in fact, be wrong.  It is understood that the participants in TheOptionClub have varying backgrounds and degrees of experience in option trading, and that regardless of experience each member is considered a student.  As such, any information distributed through TheOptionClub should be considered with a critical mind and not relied upon as an authoritative source.

To unsubscribe from TheOptionClub, send an email to:
OptionClub-unsubscribe@yahoogroups.com
.

__,_._,___

Re: [ConservativeOptionStrategies] rmbs

 

Schwab will (or at least would) let you do calender spreads if you are/were " the right person".  I do not know how you achieve that stature.  I know I talked to someone and somehow magically am now allowed to do cc's against leaps in both my regular and IRA accounts.    No,  I do not remember who that someone was!  It was, if I remember the time frame, about 4 months ago, a trial program for IRAs.  As best I could see, you needed to have enough equity to cover the problems if they came up -- e.g.. the short call neded to be bought back.

--- On Wed, 12/30/09, Vandollar <mercdesdrvr@yahoo.com> wrote:

From: Vandollar <mercdesdrvr@yahoo.com>
Subject: Re: [ConservativeOptionStrategies] rmbs
To: ConservativeOptionStrategies@yahoogroups.com
Date: Wednesday, December 30, 2009, 4:00 PM

 
Can an investor buy leaps and sell CCs against them?  Schwab only lets me buy stock and sell covered calls or do unwinds.  Any places let a small CC investor do this?

--- On Wed, 12/30/09, sandypmeade@ aol.com <sandypmeade@ aol.com> wrote:

From: sandypmeade@ aol.com <sandypmeade@ aol.com>
Subject: Re: [ConservativeOption Strategies] rmbs
To: ConservativeOptionS trategies@ yahoogroups. com
Date: Wednesday, December 30, 2009, 11:55 AM

 
Dec 30, 2009 (SmarTrend(R) Spotlight via COMTEX) ----SmarTrend identified an Uptrend for Rambus (NASDAQ:RMBS) on November 12, 2009 at $18.34. In approximately 2 months, Rambus has returned 33.4% as of today's recent price of $24.46.
Rambus is currently above its 50-day moving average of $19.40 and above its 200-day moving average of $15.93. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Rambus shares.
 

Oracle sniffing around Citrix, HP around Rambus

According to the Briefing.com rumor mongering financial news site, software giant Oracle - not even finished with its $7.4bn acquisition of Sun Microsystems - is sniffing around middleware and virtualization maker Citrix Systems and may be interested in acquiring the company.In the same report, you'll find that Briefing.com is also hearing chatter about someone wanting to acquire Rambus, with HP being mentioned as the possible buyer of that memory company.


-----Original Message-----
From: John Hudgens <jdhudgens2000@ yahoo.com>
To: ConservativeOptionS trategies@ yahoogroups. com
Sent: Wed, Dec 30, 2009 11:00 am
Subject: [ConservativeOption Strategies] rmbs

 
Does anyone know why RMBS options are so rich??
 
you can buy it for $23.40 sell the Jan 19 for $5.50 (bid)  and still make 4.7%  What is wrong with this picture??
 
John



__._,_.___
.

__,_._,___

Re: [TheOptionClub.com] Dan Sheridan on Calendar Spreads for 2010 (Live Web Event)

 

This is really nice, Chris. Thanks for organizing this.

I knew you had many solid contacts in the industry:-) but didn't think your ladder reached up-to Sheridan Mentoring.

Cheers Vikas


On Thu, Dec 31, 2009 at 4:26 AM, TheOptionClub <chris@theoptionclub.com> wrote:
 

The New Year is just about upon us, and I have good things in store for
you...

To kick things of in 2010, Dan Sheridan from Sheridan Mentoring will be
joining us on Tuesday, January 5, 2010, at 3:00 p.m. CST (1:OO p.m. PST)
to share as much information as he can about calendar spreads in one
hour.

https://www2.gotomeeting.com/register/750648578

The above link will get you registered.

We have a limited number of spots for this event so I encourage you to
1.) register now (not later), and 2.) log into the event 10 to 15
minutes early.

I think most of our members are familiar with Dan...

He is one of the most popular instructors over at the CBOE and
approaches all of his trading with a light sense of humor and keen
insight. He is particularly adept at income trades and has helped many
of us sharpen our skills on iron condors, calendar spreads, and more.

With the launch of his own mentoring business, Dan's time has been in
short supply. The fact that he has set aside some of it for us is
incredibly generous, so it would really be a shame if you missed this.

Get yourself registered, enjoy a very happy and safe New Year holiday,
then I will see you next week following Tuesday's market close!

Christopher Smith
TheOptionClub.com


__._,_.___
The goal of TheOptionClub is to provide a forum for members to work together for the purpose of furthering our individual understanding option trading.  All messages and postings, and any materials circulated are provided for discussion and educational purposes only.  No statement contained in any materials from TheOptionClub should be considered a recommendation to buy or sell a security or to provide investment, legal or tax advice.  All investors are encouraged to consult a qualified professional before trading in any security.  Stock and option trading involves risk and is not suitable for most people.  There is no guarantee that any information provided is accurate and, may in fact, be wrong.  It is understood that the participants in TheOptionClub have varying backgrounds and degrees of experience in option trading, and that regardless of experience each member is considered a student.  As such, any information distributed through TheOptionClub should be considered with a critical mind and not relied upon as an authoritative source.

To unsubscribe from TheOptionClub, send an email to:
OptionClub-unsubscribe@yahoogroups.com
.

__,_._,___

Re: [ConservativeOptionStrategies] rmbs

 

Can an investor buy leaps and sell CCs against them?  Schwab only lets me buy stock and sell covered calls or do unwinds.  Any places let a small CC investor do this?

--- On Wed, 12/30/09, sandypmeade@aol.com <sandypmeade@aol.com> wrote:

From: sandypmeade@aol.com <sandypmeade@aol.com>
Subject: Re: [ConservativeOptionStrategies] rmbs
To: ConservativeOptionStrategies@yahoogroups.com
Date: Wednesday, December 30, 2009, 11:55 AM

 
Dec 30, 2009 (SmarTrend(R) Spotlight via COMTEX) ----SmarTrend identified an Uptrend for Rambus (NASDAQ:RMBS) on November 12, 2009 at $18.34. In approximately 2 months, Rambus has returned 33.4% as of today's recent price of $24.46.
Rambus is currently above its 50-day moving average of $19.40 and above its 200-day moving average of $15.93. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Rambus shares.
 

Oracle sniffing around Citrix, HP around Rambus

According to the Briefing.com rumor mongering financial news site, software giant Oracle - not even finished with its $7.4bn acquisition of Sun Microsystems - is sniffing around middleware and virtualization maker Citrix Systems and may be interested in acquiring the company.In the same report, you'll find that Briefing.com is also hearing chatter about someone wanting to acquire Rambus, with HP being mentioned as the possible buyer of that memory company.


-----Original Message-----
From: John Hudgens <jdhudgens2000@ yahoo.com>
To: ConservativeOptionS trategies@ yahoogroups. com
Sent: Wed, Dec 30, 2009 11:00 am
Subject: [ConservativeOption Strategies] rmbs

 
Does anyone know why RMBS options are so rich??
 
you can buy it for $23.40 sell the Jan 19 for $5.50 (bid)  and still make 4.7%  What is wrong with this picture??
 
John


__._,_.___
.

__,_._,___

[ConservativeOptionStrategies] Re: pfe

 

Hi John,

I have also jumped into february options at 20 about 1 week back was able to finance it at 0.21 . I dont see it rising for the next 3 months as its still dealong with the wyeth buyout.

I doing a naked call on this one.

Good luck to you.

thanks
Amit

--- In ConservativeOptionStrategies@yahoogroups.com, "Dan" <delta1@...> wrote:
>
> Hi John,
>
>
>
> I assume that these were the January 2011 leaps. Are you planning to write
> shorter term calls against these leaps, or was the purchase to be held in
> the expectation that the stock price will rise?
>
>
>
> Dan (dan2fl)
>
>
>
>
>
> From: ConservativeOptionStrategies@yahoogroups.com
> [mailto:ConservativeOptionStrategies@yahoogroups.com] On Behalf Of John
> Hudgens
> Sent: Wednesday, December 30, 2009 10:47 AM
> To: ConservativeOptionStrategies@yahoogroups.com
> Subject: [ConservativeOptionStrategies] pfe
>
>
>
>
>
>
>
>
>
> I just hopped into PFE. I do not think it will go up in the near term but
> has suport at $18.19
>
> Its at $18.58, the Jan 17.50 are going for $2.37 /2.40 and the jan 20 are
> going for 1.24/1.27.
>
>
>
> John
>

__._,_.___
.

__,_._,___

RE: [ConservativeOptionStrategies] pfe

 

Hi John,

 

I assume that these were the January 2011 leaps. Are you planning to write shorter term calls against these leaps, or was the purchase to be held in the expectation that the stock price will rise?

 

Dan (dan2fl)

 

 

From: ConservativeOptionStrategies@yahoogroups.com [mailto:ConservativeOptionStrategies@yahoogroups.com] On Behalf Of John Hudgens
Sent: Wednesday, December 30, 2009 10:47 AM
To: ConservativeOptionStrategies@yahoogroups.com
Subject: [ConservativeOptionStrategies] pfe

 




I just hopped into PFE.  I do not think it will go up in the near term but has suport at $18.19

Its at $18.58,  the Jan 17.50 are going for $2.37 /2.40 and the jan 20 are going for 1.24/1.27. 

 

John





__._,_.___
.

__,_._,___

Re: [ConservativeOptionStrategies] rmbs

 

Dec 30, 2009 (SmarTrend(R) Spotlight via COMTEX) ----SmarTrend identified an Uptrend for Rambus (NASDAQ:RMBS) on November 12, 2009 at $18.34. In approximately 2 months, Rambus has returned 33.4% as of today's recent price of $24.46.
Rambus is currently above its 50-day moving average of $19.40 and above its 200-day moving average of $15.93. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Rambus shares.
 

Oracle sniffing around Citrix, HP around Rambus

According to the Briefing.com rumor mongering financial news site, software giant Oracle - not even finished with its $7.4bn acquisition of Sun Microsystems - is sniffing around middleware and virtualization maker Citrix Systems and may be interested in acquiring the company.In the same report, you'll find that Briefing.com is also hearing chatter about someone wanting to acquire Rambus, with HP being mentioned as the possible buyer of that memory company.


-----Original Message-----
From: John Hudgens <jdhudgens2000@yahoo.com>
To: ConservativeOptionStrategies@yahoogroups.com
Sent: Wed, Dec 30, 2009 11:00 am
Subject: [ConservativeOptionStrategies] rmbs

 
Does anyone know why RMBS options are so rich??
 
you can buy it for $23.40 sell the Jan 19 for $5.50 (bid)  and still make 4.7%  What is wrong with this picture??
 
John

__._,_.___
.

__,_._,___