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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?


To: renovator who wrote (5722)7/13/2013 4:37:46 PM
From: tom pope  Read Replies (2) | Respond to of 5891
 
any upturn in energy

Haven't we been having one? From 94 to 106 in 3 weeks?



To: renovator who wrote (5722)7/13/2013 7:24:35 PM
From: Jim P.  Respond to of 5891
 
I am doing similar with SD. I really like the valuation at $5 a share. It seems not too much downside left selling options around this number.
I have $5 calls and puts sold and $5 leaps long that I will sell calls against soon.
Just waiting to see if there is a bounce with the jump in oil and slowdown in drilling capex this next report.
jim