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Joined: 28 Dec 2005 Posts: 11966
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Posted: Sat Sep 09, 2006 9:46 am Post subject: Mon: Buys EBAY RMBS COP OIH DELL Sells SPY DIA RIMM |
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Mon: Top Buys EBAY RMBS COP OIH DELL Top Sells SPY DIA RIMM
Primary Trades:
EBAY Oct 27.5 or 30 calls are buys on pullbacks and Oct 30 puts can be used to hedge on bounces. RMBS Nov 20 or 22.5 calls are buys and Nov 20 puts can be used to hedge. SPY Nov 130 puts and DIA Nov 114 puts are buys on market bounces.
Secondary Trades:
COP Oct 60 calls may be buys. OIH closed at 131 1/2 and the Sep 135 calls closed at 1. OIH Sep 135 calls may be used for intraday trades. DELL Oct 22.5 calls may be worth the risk. RIMM Oct 75 puts may be best to hedge.
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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. |
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