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August 1
Bought LNKD September 200 call for $21.55 and sold weekly 235 for $2.12.
Shorted 40 shares of LNKD at 212.40.
Can cover the short today for a loss of $928.
Can close option spread for a gain of $1645.
Net gain $717.
I have an alert but the set up hasn't broken out of the triangle, but another stock in its sector has.
the two stocks are RIG and DO.
DO has broken to the upside but hasn't taken off. RIG is still in a HUGE triangle pattern for multi years. I would like to see which side it breaks to. RIG pays a 4.5% dividend and I think it will break to the upside. But time will tell.
AAPL is another one I purchased and it needs to punch through $460/share to start a new uptrend.
Doubled my shares in AAPL since it broke $460 and will likely close above it.
I have an alert but the set up hasn't broken out of the triangle, but another stock in its sector has.
the two stocks are RIG and DO.
DO has broken to the upside but hasn't taken off. RIG is still in a HUGE triangle pattern for multi years. I would like to see which side it breaks to. RIG pays a 4.5% dividend and I think it will break to the upside. But time will tell.
AAPL is another one I purchased and it needs to punch through $460/share to start a new uptrend.
DVN is another one with a huge triangle pattern. The volatility on BHI has also gone down into a tight pattern. Not sure which direction these will break.
I still have my FB, I actually bought more shares yesterday.
I'm having a tough time deciding what to do with my TSLA $140 CALL OPTIONS. I'm up around 65% and I initially planned to keep them through earnings, but I wasn't expecting to have such a high return pre-earnings.
I still have my FB, I actually bought more shares yesterday.
I'm having a tough time deciding what to do with my TSLA $140 CALL OPTIONS. I'm up around 65% and I initially planned to keep them through earnings, but I wasn't expecting to have such a high return pre-earnings.
I would sell my initial holdings, leave profits ride for earnings
I'm having a tough time deciding what to do with my TSLA $140 CALL OPTIONS. I'm up around 65% and I initially planned to keep them through earnings, but I wasn't expecting to have such a high return pre-earnings.
Well, if you do not like any of the analysts on CNBC then maybe their trade won't suit you. Per their website and the video, you can buy the Jan. 2014 $150 call for $18.00.
Sell the September $150 call for $8.50.
I'll do something similar using the weekly options on TSLA.
Maybe a deep in the money call and short some shares.
Last edited by howard555; 08-03-2013 at 05:20 PM..
I'm starting to think I will just sell my options on earnings day before the announcement and simply buy more shares. I feel pretty confident in TSLA long-term, but this quarter I think it is a toss up. If it were to miss or not impress and go down, I could always buy more shares or buy call options again. I saw that trade on CNBC and it interested me, but I'm not sure. Hopefully it works out for us lol.
Do you know if you pay interest on call options that expire a year out? I remember hearing something about over 150 days, but I want to confirm with you.
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