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Joined: 28 Dec 2005 Posts: 11966
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Posted: Mon Oct 23, 2006 8:10 pm Post subject: Tue: Buys IWM DHI YHOO EBAY IMCL RMBS Sells SPY DIA AMZN |
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Tue: Top Buys IWM DHI YHOO EBAY IMCL RMBS Top Sells SPY DIA AMZN
Primary Trades:
If the market pulls-back and bounces, that may be an opportunity to sell Nov puts and buy SPY Dec 132 or DIA Dec 116 puts. Also, IWM Nov 75 calls can be used to partially hedge puts on pullbacks.
Secondary Trades:
DHI Nov 25 calls, YHOO Nov 25 calls, EBAY Nov 32.5 or 35 calls, IMCL Nov 30 calls, and RMBS Nov 22.5 calls may be buys on pullbacks. AMZN Nov 30 puts may be buys before earnings Tue. Also, some Nov 32.5 calls can be used to partially 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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