By:RumorDude Tue Sep 2, 2:03pm PDT $VIX.X Just pointing it out again -- so much happiness and complacency out there. Keep stops real close by and heavy volume drops for trend reversal. Most of my trending indicators show either weak or non existant trends -- suggesting they're ripe. But when lookin at the SPX and the moves today it's tough to say "short it now". Wait for the break. none By:RumorDude Tue Sep 2, 1:51pm PDT RIMM Bad drop on volume today. Buy to open Oct 27.5 RIMM puts (on open tomorrow) Register for our newsletter By:RumorDude Tue Sep 2, 1:30pm PDT BEAS Nice little breakout here. Buy to open Sep 15 BEAS calls. By:RumorDude Tue Sep 2, 12:47pm PDT XLF OEF QQQ $VIX.X Alright, well today sems pretty clear that my previous thinking is out of alignment. Despite the low-ended VIX and weak volume last week they're clearly sending them up. So I wil cloe out a few of the weaker put positions and open up a few calls. Sell to close Sep 31 QQQ puts, Sell to close Sep 30 puts, Sell to close Sep 50 OEF puts, Sell to close Sep 49 OEF puts, Sell to close Sep 25 XLF puts, Sell to close Sep 24 XLF puts, Buy to open Sep 34 QQQ calls, Buy to open Oct 36 QQQ calls By:flmjiggy Tue Sep 2, 10:54am PDT GNTA VRSN ISSX ATVI Both have done very well for me........ hmmmmm greedy though??? Keeping close eye on them. ISSX is looking ok but facing some hurdles here if it can break look out!! ATVI I think this is a nice long term play. holding these still By:flmjiggy Tue Sep 2, 10:51am PDT QQQ That is why youhave to be careful with this market. Serious bearish engulfing but did it really follow through??? NO!!!!!!!! If we can break and hold 33.63 then you have resistance at 39...... that would be a nice move. none By:RumorDude Tue Sep 2, 7:52am PDT VCLK FFIV Since we didnt get our fill on VCLK, I'll take another stab at it. Also, FFIV is hitting new relative highs and the weekly chart shows it could grow to 26. Buy to open VCLK Oct 10 calls, limit .3, Buy to open Jan 04 22.5 FFIV calls, Buy to open 1/2 Apr 04 22.5 FFIV calls. |