[TimAlerts] $P is gonna be on the watchlist for a short tomorrow
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[TimAlerts] I don't understand why people don't seem to use options to turn profits though (at least not that I can find anything on)... I'm a total noob at trading, but take a big company like $GOOG, 758.09 currently, Dec 24 '15 w options @ 9.20 for 760 strike. A stock like that is fine to hold, but buy that, short a call and hold it a week, sell at 9.20 + 1.91 = 11.21
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[TimAlerts] I play with options a little... I bought $ONTY thinking it would go back up a little, but it's not looking so hot. Shorted a call with a strike less than I paid for a decent profit once it's assigned
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@x82hammer28x just became a fully transparent trader today!
@michaelshsu17 MPGS has WAYY to low of volume, not really much of play
Thanks for the watchlist. Happy trading guys
LOJN is being acquired at 5.50/share. Maybe I'm wrong, but I would think the stock would hold steady at that number until they accept/reject. Any thoughts or professional opinions on this? (I'm a total noob)
@x82hammer28x Well LOJN is interesting because it spikes so much, and yes it was on news, but often they do come down a bit once the hype dies down. So if it can't hold its current level and many people are selling(look at time and sells and/or lvl 2) then it could be a decent little short
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