Little Vacayby Danny on July 21st, 2008 at 3:45:45 pm |
And I’m back.
Basically, [[wynn]] looks like a piece of garbage up here. 100 is resistance, and I’m tempted to short, but maybe I’ll wait to see how it goes tomorrow at the open.
I got stopped out of [[bbbb]] at 39. Fuckers. Forget that one for now.
[[aapl]]. I decided to cover my short into earnings. I bought a long guts option.  Big tech has been homohammered post earnings, and [[aapl]] is in a clear downtrend. So that’s my idea there, we’ll see what happens. However, since I am an AAPL fan, I and know how tight their shit is, I didn’t want to just bet against them.
fwiw I tried to short wynn at 95.50 and it said it couldn’t find shares.
July 21st, 2008 at 4:04:57 pmbut I did short WABC and ANF at the close.
July 21st, 2008 at 4:26:15 pm157 handle on AAPL.
July 21st, 2008 at 4:43:18 pmsame here, no borrow available on WYNN for the last 2 days .. which tells you why its shooting up .. It seems a big FAT short up here
July 21st, 2008 at 6:18:37 pmyeah, im kinda pissed about it. didnt want to buy puts on this one. I had my 250 order when it was trading around 95, put out at limit once and market twice. assholes.
July 21st, 2008 at 6:43:37 pmDanny, what strike and exp. did you buy, and why? Also, what was your cost on that? Thanks for helping out an options n00b…
July 21st, 2008 at 11:56:49 pm8.90 for the call and 9.60 for the put, august 165.
I edited the rest of this comment cuz I made a mistake. First I didn’t make it, telling shed I’d prolly make 400, then I did mistakenly made an asinine mistake, thinking I’d make 1,300. Small difference there.
Deezy has got the scoop. I need another vacation.
July 22nd, 2008 at 1:01:40 amI shed my usual straddle earning strategy for AAPL and just bought some straight put lottery tickets. It’s no mega-millions, but looks like they will pay off handsomely.
How does the current state of affairs net you 1310 in gains? Risk is 1850; assuming the calls are worthless and the puts are worth 2200, wouldn’t your gain be 350? Or am I missing something in my brain-haze?
July 22nd, 2008 at 2:50:18 am[...] Via Stock Picks and Discussion at iBankCoin.com: [...]
July 23rd, 2008 at 5:34:45 pm