Comments on: OpEx Ramps: Will Next Week Be Different?

By: Shambo

Shambo — Fri, 13 Nov 2015 20:08:12 +0000

In reply to HiddenPivots. I don't comment on your posts because I know next to nothing about options, but I appreciate reading them. Like, I would never have thought about buying some cheap calls as a weekend hedge. I don't know if I'll do it, but its a good idea that just wasn't on my mind at all.

By: HiddenPivots

HiddenPivots — Fri, 13 Nov 2015 19:51:33 +0000

In reply to HiddenPivots.

Thanks Randy! I just banked my calls that expire next Friday, don’t want to deal with Theta decay, unless stock shoots up $5-$10 as I’m expecting upgrades any day based on today’s news..
Will look to reload next week with further out calls, hoping it cools off a bit come Monday :-)

By: rsotc

rsotc — Fri, 13 Nov 2015 19:40:29 +0000

In reply to HiddenPivots. Wow... a 20% intraday range on LEAF today. Congrats on the trade!

By: HiddenPivots

HiddenPivots — Fri, 13 Nov 2015 19:30:46 +0000

In reply to HiddenPivots. I should have mentioned that I got stopped out of my LNKD calls today based on the cross :-)) Will revisit that at some point, I'm still inclined to say LNKD will see 270+ by Dec expiry. We shall see.

By: HiddenPivots

HiddenPivots — Fri, 13 Nov 2015 19:28:36 +0000

Very well explained Randy.
I agree, I continue to hold my Jan QQQ & SPY puts, bought small lot of IWM 115.50 Nov 20 calls as a cheap hedge just in case if they catch traders short in the hole for few days. I would love to lose the calls :-))
I had a nice move today on LEAF one I mentioned last week based on fundamentals… They shook the tree, took out stops and they halted it today, then released the news…