Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (965)	7/20/2007 2:23:17 PM
From: Robohogs	Respond to of 5891

I was short 12.50 puts which I covered at a weighted average price of 30 cents after they hit $2.50 yesterday. I assumed the same as you - manipulation pure and simple. I have been quiet here licking my MNTA and AHM and IMB wounds even though 5 other trades went well. Too slow to cut losses. Jon

To: Jerome who wrote (965)	7/20/2007 8:42:31 PM
From: Robohogs	Respond to of 5891

What about this last manipulation. Straight line chart from 1 pm or so to the close in high 11s and market on close takes it briefly to 12.80 or so. All those long the calls are going to suddenly be long shares they do not want on Monday open and if it re-opens in high 11s, ouch! All those long the puts lose out too unless they manually exercised. And those who paid too much to buy back like me? I did the same thing in JCP too to buy back some 75 calls - ugghhh! Jon

To: Jerome who wrote (965)	7/20/2007 10:03:47 PM
From: pcyhuang	Read Replies (2) \| Respond to of 5891

Re: AHM Jerome: More data in supporting your view Days to Cover (Short Ratio) 12.7 Short % of Float 37.99 % Shares Short - Prior 17,166,000 Short % Increase / Decrease 8.92 % Squeeze Ranking™ -337 % from 52-Wk HIGH ( 36.70 ) -186.72 % % from 52-Wk LOW ( 10.42 ) 18.59 % % from 200-Day MA ( 25.02 ) -95.47 % % from 50-Day MA ( 19.58 ) -52.97 % Price % Change (52-Wk) -69.90 % Trading Volume - Today 7,556,928 Trading Volume - Average 1,477,600 Trading Volume Vs. Avg. 511.43 % Total Shares - Float 49,210,000 Total Shares - Outstanding 54,278,645 % Held by Insiders 18.53 % % Held by Institutions 81.10 % Market Cap 694,766,656 EPS 4.48 PE Ratio 2.40 Sector: Financial Industry: Mortgage Investment SI Record Date 2007-Jul 20 Note especially the difference between "float" and "shares outstanding". pcyhuang

To: Jerome who wrote (965)	7/21/2007 9:33:37 PM
From: pcyhuang	Read Replies (3) \| Respond to of 5891

Re: AHM and Hedge Fund manipulation Jerome: Taking advantage of the alledged hedge funds' manipulation on AHM, I would suggest the following options strategy: Buy the DEC AHM 12.50 put and sell the DEC AHM 20 put for $5.25 credit. Max loss = $2.25 Max gain = $7.50 Upper breakeven: $27.50 Lower breakeven = $14.75 Profitability range = $14.75 to $27.50 The limited risk feature and the wide range of profitability are the main attractions of this strategy. pcyhuang