Pick#1: TIE sept 30 calls
Pick#1: TIE sept 30 calls
We got only 2 weeks left, and because it's out of the money, time decay will eat us alive if TIE doesnt move over $30 quickly. TIE sept 27.50 is a safer bet. You can also long the stock if you don's like options. Wait for a break above $28.11 (50-day MA) before buying. Projected target for the stock is $39.
(Please play small if you're buying options. No more than $500 worth if you have a $10,000 account.)
We got only 2 weeks left, and because it's out of the money, time decay will eat us alive if TIE doesnt move over $30 quickly. TIE sept 27.50 is a safer bet. You can also long the stock if you don's like options. Wait for a break above $28.11 (50-day MA) before buying. Projected target for the stock is $39.
(Please play small if you're buying options. No more than $500 worth if you have a $10,000 account.)
posted by beanie11111 | 7:04 AM
12 Comments:
Feel free to make comments or email me if you like.
I wish i had blogged sooner, because you would have gotten in DVN calls with me last week.
booyah! Those calls should go thru the roof today.
Nice to see you too, my long time friend. Make sure your account allows you to buy call/put options. We gonna have some exciting times ahead of us.
TIE hasn't traded above $28.11 since the open, so entry hasn't been triggered yet.
I have a core long position on EBAY, where most of my money is at. Long term hold, protected by put options in case the market crashes this october.
I just sold my DVN calls that i bought last week for $1.00 .
booyah!
Pick#2: Buy PARL $6.25 . Sell it on another day up.
Pick#3: Buy EBAY sept 30 calls @.25, or buy the stock. Wait for a break above $28.60 .
Both EBAY and TIE buys triggered!!!!
I have a feeling TIE could see $34-35 by Friday of next week, so i would hold those calls into next week. Dispose the calls if we get a huge rally next Monday.
Before the close, i sold 1/2 my TIE calls that i purchased at .30 (for 100% gain) and used that money to buy:
Pick #4: IR sept 40 calls @.25-.30
Just to let you know, DVN calls made a 10-bagger move in about a weeks time since i bought those sept 65 calls @1.00!
This goes to show that you don't need to play with useless pennystocks to make big money.
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