Wow, investors are very nervous!
You know it’s an ugly market when a Wachovia analyst can cause a sell-off in the airline sector…
- IBN going the wrong way!!! Waiting for it to settle down. .80 seems good.
BA is trashing the Dow! Wachovia’s analyst is clueless! “The commercial aircraft order cycle has peaked.” Well, Duh! BA can’t handle any more oders this decade, that may cause some “peaking!”
- I was going to sell the Feb $90s but now I’m going to by them for .75!
Don’t forget we expect a sell-off in the morning as leap-holders become stockholders and seek to lighten up. That is not to say this can’t turn catastrophic…
- EBAY $30s, stopped out at $1.45
Posted January 22, 2007 at 10:51 am Permalink (Edit)
VLO hitting 5% rule at $52.50 – not good if it breaks out.
Oil up $1.20 – $53.25, matching up to the March contract from Friday.
- GRMN – picking up the $50s for $2
- just looking to get my .80 back on the $55s and get out!
Blowing through 12,500 like that was not good!
- HES – this one can’t get much worse – taking $45 puts for .20
SUN using INTC chips causes INTC to drop? Why? Is it because they now officially have no competition?
- Adding Apr $22.50s for .45
- will roll out Febs asap.
RDS.a strangely going down.
- RTP getting hammered, DD $190 puts for $1.50
- Selling PD $120 puts soon (maybe $118.50) to cover the RTPs
SOX holding 150 is good (or as good as we can expect at this point!).
- ADM – offer is in for .35 on the $30 puts
- I think 32.50 is top otherwise I’m out.
- XLE – offering .75 for more Feb $55 puts (DD)
Oil puts – I’m only adding the ones I think are really stretched – we could get another day of this all the way to $55 as the March contract is up to $54.35.
In fact, I would almost bet they’re going to press to break through $55 tomorrow (up 10% since Thursday – brilliant!).
- FXI – if we don’t recover by EOD it’s smart to sell the $108s for $3.60
- taking no less than $3.40 if it heads down.
- LEN – DD on Aug $45 puts for $1.50
- Out of GOOG Mar $470 puts at $19.20
- DD GOOG Mar $520s for 11.87
-
DD GOOG Feb $510s for $9.79
-
If Google breaks below $480, I will take $480 puts (around $20) as a momentum cover.
-
I will be 1/2 out of these as soon as they make 30%.
-
-
Taking AXP $57.50s for $1.60
- Have to sell the FXI Feb $107s for $4
- not going to risk it, would rather buy them back and lose a buck later.
- Selling HET $85 puts for $2.25
- PD $120 puts were sold at $2.80
