Nate, say Hi! to Roger. Have you requested Herm's W.I.N.S. Presentation yet?
VLSI
What are your expectations? You didn't pluck in out of the air, did you?
VLSI has a thread here on SI.
Ask yourself - What is being said? Who is saying it?
What are the company's Fundamentals? Who is the leader?
And the Technicals - What picture do you get?
The Chart at iqc.com
is DIFFERENT! Herm's W.I.N.S. candidates have a much different chart structure. VLSI - The narrowed bands which represent a formula that calculates the momentum and volatility, appears to say there is little of either, even tho it shot-up recently (why?). The RSI is 95 +. Volume has been going down, with slight up-tick on Friday. If I understand it correctly MacD is based on the same statistics as RSI, so that represents the same data. (Does anyone use a different (cross-reference)indicator on their charts? Same stuff twice seems a waste. Anyone have a recommendation?)
The Jan. 01 Leaps at 20 or the 22.5's are just items, without more information. If you are thinking of purchasing either one. Your considerations would include:
If you purchase the 20 @ $1.44, the value you need to protect is $21.44, the Strike plus the premium paid. I would think you would be looking at Writing a $22.50, or more, conventional call (or a Leap).
If you purchase the 22.5 @ $.81, your value is $23.31, the Strike plus the premium paid. I would think you would be looking at Writing a $25, or more, conventional call (or a Leap).
Note: The prices you quoted were the last sales price. I think it would be prudent to project from the last ask price which is usually a tad higher (fewer disappointments).
I have no opinion about this company. I don't know it. Some of us invest in Turtles, others invest in Rabbits. Some of us are right some of the time. Those sticking with this thread gain confidence AND useful knowledge daily! It doesn't come easy, but it does all come together.
HERM! Help me out here - I should have remained a lurker (student)!
|
