click on anywhere, to go to zman's energy blog...
My goodness, Nat gas moves 40 cents and UNG decides to move, $3. I don’t know if i can handle this much option leverage. That’s why I am reading up at zman’s. He has the good energy info, at one site. Now I don’t have to scour the internet looking for energy info. Anyway, i have it on good authority, that nat gas is staying above 7.00, from aman. So now all i have to do is determine, when to buy UNG options. Well i will look at USO, to clue me in.
I see USO at 48, something, and i’m in. = 70/30..buy USO at 48...and buy UNG .. since UNG and USO tend to bottom at the same time...
On another note....JUNE 10, 2007....
When i miss i really miss. CREE $5.. (may 26 blog).. ( Thank goodness JAKE told me in no uncertain terms, at beannies comment section, I’m nuts, well he was right, kudo’s to Jake, for steering me clear of that stuff) ,
GAS $4, or 11%(I didn’t even take into account that GAS had a double bottom at 43.x) AEP $2, and
BRL $4, (ok, so pre earnings play BRL, backfired, i deserve to get hit, buying one day before earnings announcement).... but
i deserve some credit for timing the market top, to within 3 days...using ...XLE , top = DIA, top... and I, at least tried to posts short sells during the week leading up to the correction....Now Hopefully, all the regular readers, will understand why, I get a hankering to start posting, Short sells....
ATI JN8 107=0.50FIB 104.2=0.38 104.2=100 SET ALERT
AVR JN9 15 = 2 BOT, revising AVR bottom from 17 down to 15...
BARE jn8 up 8 down 8 = 43 - 8 = 35 = 80/20 BARE
BF...113 = 0.38 fib = 80/20 or 70/30.... no options...
BIDU jn8...125.1=0.38fib..i dont follow BIDU..
CEG , fib 38 = 78.... BUT JLY 85 CALL IS 3.30 = ZERO DELTA... jl 75 opt +1.00 (over stock price) =OK
DB...139= 70/30...outside chance DB tests 133...133 test=30/70 this price happens...
*ETR jn 8 ETR 61% fib..= 104= 90/10
EXC jn10 69.8 = thurs bottom = bottom = 80/20
PEG 80.5= 80/20 ...dn12 ...dn13 channel...
*RYAAY jn6 (from John, who does most of the fib analysis, and then i post it here)..z, RYAAY is getting close to your target. Good support at around 37.5 ( .50 fib).
VPU to get to 80.5 = 80/20.. sept 77 call might work if can get it 5.60...sept 77.. is ^50 or 60
NRG, if you follwed the utilities and missed some of the top performers today, heares another one
NRG ..testing feb highs near 43...30/50 signal is very strong, so im in at 43 or even 43.4....=80/20..eps trend up 07/08 = 4.14/ 4.65....
NKE nike moves in $7 channels but has strong support at $52, so take your pick,,,,,buy at 52 or wait for 50.5=90/10, if even gets this low
Merger Monday, so i bought TSL jul40 call 3.70, downside tsl tests 37 or 39, and i still don't understand, what the extra float at $45 per ADS (100 lots of shares), is supposed to do to TSL price...
Zee
5 comments:
Hi Zee,
I just opened up an account with Interactive Brokers on your recommendation. Thanks! Can't believe I'm paying so little per transaction. I made my first options transaction with AAPL last week on M's recommendation over at Beanie's site, and it was a successfuly transaction for me. I'm loving this options trading.
I just bought GAS July 45 at .85 and .90 last week on your recommendation. Hope it turns well. I also accidentally bought GAS June 45 at .35. It'll probably expire worthless next week. :( Stupid me.
HANS got this new Java Monster drink and I hear it's doing well,
do you have any recommendation on HANS options?
Thanks
aymon
THESE GAS jul 45 calls AT 0.80/0.90 , they are on my nerves. The calls price, won’t move as long as GAS under $45. the calls may even go to 0.70, (doubtful)..before they go to 1.90,. at 0.70, it won’t be because there was a significant change in GAS stock Price, just that time (gave up one week)..on the option. So I plan to add a july 40 call. If gas goes under 44 again.. At least the JULY 40 call, price will fluctuate...as far as june 45 call sell immediately for 0.10 or 0.05...HANS JULY 35 call is +90, which is a bit pricy, and as far as new soda product launches, that kind of news, should help, but then look at MSFT Vista launch. MSFT stock price slow to benefit, until 2nd half of the year
zee
Hi Z,
Please post any updates you have on your GAS options - whether you decide to buy more or cut your loss, and I will follow suit.
Thanks!
Hi Z,
What do you mean GAS 4$ or 11%?
Thanks
i originally posted GAS calls
june 1st or so when GAS was at 47 / 48 ...I had a great 30/50 buy signal.that didn't work. So i count that old post as a miss.
Currently, i'm looking to buy July 40 calls, if i ever see GAS under $44 again, (doubtful)...doubtful, because GAS has bottommed this cycle....now GAS is off to test new yearly high...don't know how long that.. takes...
zee
Post a Comment