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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (41563)12/10/2012 9:20:19 PM
From: Fintas1 Recommendation  Respond to of 222478
 
Some came in with me for a trade in JPM at 28 ish and out at 45 ish. So I 'm familiar with those numbers. I also knew it was a screaming buy in the 16 area. Yet more importantly as one who looks for call options that can have OOOOMPH and can also be oversold to allow one to come in, buy quantity and then catch that ooomph: JPM is a good one. Thus given what I know about the stock and how it can move, I seek selling but not just selling. Selling where many do not love it and are willing to write those covered calls I'm targeting on the cheap. Cheap to me is anything that meats my rule of offering 3-5 times UP.

BAC is another that fits such

MSFT

GE

CSCO

INTC

Notice anything? LARGE FLOATS and entry and exit is easy.

IMHO

Fintas