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  #131  
Old 11-18-2007, 12:33 AM
hERESY hERESY is offline
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Default Re: My Strangle for December

URRE @ 12.03 a few days ago
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  #132  
Old 11-20-2007, 04:52 PM
Jimbo Jimbo is offline
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Default Re: My Strangle for December

[ QUOTE ]
I purchased 640 Dec calls (GOOLH) today for $26.40 each. These should become very valuable long before expiration. Just to be safe I did buy half as many Dec 630 puts as my 640 calls but still expect my money to be made on the upside.

Jimbo

[/ QUOTE ]

Well this strangle worked out nicely. I did miss today's high on my 640 calls but still got $37 for them also I did luckily catch the bottom yesterday wih my 630 puts so this turkey loves Thanksgiving week.

Jimbo
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  #133  
Old 11-27-2007, 12:44 PM
CrushinFelt CrushinFelt is offline
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Default Re: My Strangle for December

Damn you AMD. Damn you.

Editing to add that I will be doing some DCA.
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  #134  
Old 11-28-2007, 12:36 PM
jkeats jkeats is offline
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Default Re: Positions Thread

[ QUOTE ]
Buy MOO at 48.5


[/ QUOTE ]

I love MOO long term. Bought 500 shares at $40.50 the first day it was trading.
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  #135  
Old 11-28-2007, 04:11 PM
Jimbo Jimbo is offline
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Default Re: Positions Thread

Back in GOOG today on the short side, I just bought 5 GOQXR (690 Puts) at $22.80 per contract. Now all I need is a little correction in the next few days.

Jimbo
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  #136  
Old 11-29-2007, 02:28 PM
Jimbo Jimbo is offline
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Default Re: Positions Thread

[ QUOTE ]
Back in GOOG today on the short side, I just bought 5 GOQXR (690 Puts) at $22.80 per contract. Now all I need is a little correction in the next few days.

Jimbo

[/ QUOTE ]
Just call me fickle, got a bit nervous with the direction Google was moving late yesterday and in this mornings' session. Sold my 690 Puts for the high (so far) of $24 per contract and purchased 5 GOQLB (710 Calls) at $14.80 during the same dip.

Now I want GOOG to Zoom Zoom Zoom instead of dive.

Jimbo
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  #137  
Old 11-30-2007, 12:57 PM
Jimbo Jimbo is offline
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Default Re: Positions Thread

People seem to have lost interest in this thread so this will probably be my final update for awhile.

Earlier purchased 5 RULLD Rimm 120 Calls at $6.40 per contract and will sell at $10+. Luckily sold my GOOG 710 calls near todays' opening at 23.60 for a $12.20 profit per contract after comissions or +$4350 net net.

Rebought these same calls at $17.20 and expect them to fetch over $20 before the trading day ends.

On a final note it looks like the SIRI/XMSR deal will finalize very soon so I hope others bought some of these shares while they were still cheap. I plan to exit SIRI at $4.25 and XMSR at $17.50 or higher.

Good luck to all you traders,

Jimbo

EDITED BELOW:

Guess I should update my Spec recommendations in this post as well.

Am holding onto Smith and Wesson (SWHC) for the medium term. Plan on selling my LVS Jan 125 Calls at anything over $5.50 (purchased at $5) the fundamentals haven't improved and Dec should be a poor earnings month for them, not willing to gamble on an average 4th quarter earnings report.

Finally I hope no one else bought GA when I suggested it in my Spec thread. They misrepresented their user data for the months prior to them going public in the prospectus. I have joined in a class action suit against them and hope to recover my $20K in losses in that position but will not hold my breath on that happening anytime soon. I apologize if anyone else lost money in this dog but I did my due dilligence and read the prospectus, just relied on what I saw and believed the information.
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