SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Covered Calls for Dummies Thread
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dealmakr who wrote (5177)5/20/2011 8:41:34 PM
From: Robohogs  Read Replies (1) of 5205
 
Anybody else here feel like they take the bad trades and pass the good ones? Wow! I priced the RRGB lottery tickets and liked the odds but passed to save the money as it was a lotto tkt. Would havebeen a 10x in 1 day for small amount. Instead, take a bearish skip strike butterfly on CRM (where I had been bullish) given earnings reactions to date. Absolute wrong moves. That said, I was bailed out of 2 losing trades in last 2 hours - Aaple short call spread starting at 335 (stayed in as it hedged other positions and was 2-1 upside downside) and losing LNG long call play. I woke up at 3:30 to close stuff out and was stunned in LNG (minor profit from modest loss) but was not surprised in AAPL given the seekingalpha articles guaranteeing the max pain point ALWAYS worked at 340 without saying which day's and with complete assurance. I figured if it lost the 340 strike 335 could come quickly. And I needed the negative delta to balance out.

Also good month in ALGN which closed at upper bound of short strangle and MMI which got back to low end of a range I had been using. JKS also generally very good to me.

YHOO killed me as did RIMM and 2-3 small plays so pretty disappointing minth with my biggest 3-4 plays all good except for RIMM.

Jon
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News