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Taking another DD on the LEN Aug $45 puts for $1
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just looking for $1.50 here on this round
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Posted February 8, 2007 at 9:56 am Permalink (Edit)
- CTX March $50 puts are $1.10
- I will sell the current $50 puts if it even twitches up.
- PTR $120 puts, offering .75
- TSO Mar $80 puts (TSOOP) – offering $1.60
HYDL Mar $80 puts (HBQOP) are $2.75 and will be slow to go down if VLO group starts dropping, especailly SLB
- NOV $65 MAR/FEB $65 puts for $1.30 is a nice spread!
Posted February 8, 2007 at 10:51 am Permalink (Edit)
I’m watching the Dow 12,600, Nas 2,480, S&P 1,438, NYSE 9,288, Russell 810, SOX 465
Dollar getting hit again, saving oil and gold.
Breaking 3 of these levels is a good time to sell off calls! I’m setting 20% from today’s open stops on Feb Mar and Aprils – obviously too many to list!
- QQQQ $44 puts for .30 make a fun day trade
- half out at .40 with a stop at .25
Got my PTRs! .75 half out at a buck, .75 stop on the rest if it goes there (.25 trail)
- BHI Mar $67.50 puts for $1.55
REMINDER – All these oil plays are still very dangerous and may have to be DD’d or rolled more than once to pay off!
- Covering my day oil puts with VLO $55s at .80
- half out at $1.20
TSO – did not fill.
VLO calls, lowered offer to .75, also no fill, may wait for this dip to see if they can hold $54.75 first
- Took my .30 back on the QQQQ puts
- VLO blew their chance to run I think – cancelling order for calls
Posted February 8, 2007 at 1:20 pm Permalink (Edit)
- Half out of CVX Mar $70 puts at $1
- I had dd’d at .55 to offset losses…
- caught this one late – sorry
- MA offering $1.35 for DD on Mar $100 puts
- DD on SBUX Jan $37.50s @ $2.25
- Offering $1.25 for TSO Mar $80 puts
- Very risky!
- Update 3:01 – paid $1.35
- Old PTR $120 puts stopped out at .50
- now offering .25 for more.
- Sold my FXI $107s calls for $2
- waiting to sell calls against my leaps.
Posted February 8, 2007 at 3:51 pm Permalink (Edit)
- ADBE – buy April $37.50s for $2.75
- hopefully get a chance to sell the March $37.50s on a nice run-up.
- Of course you have to be willing to DD on the April calls if it turns out to be hell bent on testing the 50 dma at $35 (or possibly adding April $35s and selling March $35s against with the April $37.50s protecting you from a pop).
