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 : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (37028)5/15/2002 3:17:13 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 69762
 
[RumorDude]
Wed May 15, 11:23am PDT BBH
spreads
Also having a huge run but I think it could bump up a bit higher in the upcoming weeks. 100 could be a resistance point here on the way back up as well, so we'll keep things a bit smaller.
Some people might have noticed I have not been doing many spread lately. The reason is because the market volatility is so low anyhow the option premiums also appear low. This isn't to say that spread don't make sense in a low volatility environment, but rather I prefer to use them in a high volatility environment more. As BBH has been volatile, these options are pretty pricey - so it's definite spread material.
Buy to open Jun 100-105 BBH call spread.
[RumorDude]
Wed May 15, 11:21am PDT SMH
Well, this this has had a huge run, and it's cleared the 200 day so i like it but it's a bit too far too fast for me. As arnold would say, "I'll be back" - but maybe if I get a bit of a pullback. Sell to close May 42.5 SMH calls, Sell to close Jun 40 SMH calls.