administrator Site Admin
Joined: 28 Dec 2005 Posts: 11984
|
Posted: Tue Aug 22, 2006 3:14 pm Post subject: Wed: Buys EBAY KBH Sells SPY DIA RIMM |
|
|
Wed: Top Buys EBAY KBH Top Sells SPY DIA RIMM
Primary Trades:
EBAY Sep 27.5 or 30 calls are buys on pullbacks. Also, EBAY Oct 30 puts can be used to hedge. SPY Sep 128 puts and DIA Sep 112 puts are buys above SPX 1,300.
Secondary Trades:
KBH Sep 45 calls are buys on pullbacks, and perhaps will hedge puts. RIMM rose to about 81 and the Sep 80 puts fell to 2.45. Sep 80 or 75 puts are buys at about 81.
------------------------------------------------------------------------------------
Primary Trade: An intermediate or long term trade. Timing can be off substantially. Volatility not a factor. Risk is low to moderate. Potential return is often moderate.
Secondary Trade: A short term trade. Timing must be accurate or volatility must be high. Risk is high. Potential return is high.
Secondary Trades should be generally avoided, although considered. Note: If Secondary Trades are taken, they may affect Primary Trades. |
|