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- Cecil Gee replied Jul 27, 2015
BIDU may have a outlier move in it after maerket closes, i'm not in it as I just can't get in a cheap enough option but will be watching it to see how far the move may end up
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- Cecil Gee replied Jul 27, 2015
I'll be watching the US housing market numbers as the hombuilders index ETF looks another long term play that could yield good profits on a strangle strategy providing the uption price and spreads are not too far apart
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- Cecil Gee replied Jul 27, 2015
Also looking to do a long term play on the YEN over the coming weeks, probably on FXY is poised for a good run again up or down I do not know so another OTM strangle looks good 12 months out DTE
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- Cecil Gee replied Jul 27, 2015
so many stocks especially indexes are poised for large sustained moves and furter out options prices are relatively cheap in comparison, BABA is gearing up to be a good earnings play 12 August keep a eye on that, some good ones THAT WERE HIGHLIGHTED ...
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- Cecil Gee replied Jul 27, 2015
I kinda like that, I'm buying SPY, 8 strikes OTM with 1 year time value and selling monthlies 8 strikes out again and will continue to do that until I have reduced my cost basis by 50%, same with APPLE
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- Cecil Gee replied Jul 24, 2015
the highlighted ones have good potential for outlier moves
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- Cecil Gee replied Jul 24, 2015
ES, SPY, DIA are poised for a trend move, i'm positioning for a 18 month strangle on them once I get the preferred strike prices
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- Cecil Gee replied Jul 24, 2015
BIOGEN dropped almost $90 today, details of my trade below, I actually bought at $1.60 and closed at $40 minus the other strangle leg for the call side BIIB Jul 2015 350.000 put (BIIB150724P00350000) -OPR 40.00 f 38.62(2798.55%) 19:05 Prev ...
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- Cecil Gee replied Jul 23, 2015
looking at this too but this may take quite a while
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- Cecil Gee replied Jul 23, 2015
that is the very reason I'm going much further out in time, may wait another 8 weeks or closer to the next earnings to trade it, also looking to trade Biogen (BIIB) for Fridays earnings, stock closed at 391$ yesterday will look at single day option ...
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- Cecil Gee replied Jul 22, 2015
still might make the above trade work on APPLE, have until Friday expiration. In addition I'm looking at a very long term strangle trade on APPLE $35 STRIKES WIDE from its position on Frlday until Jan 2017 and will sell monthly strikes to bring my ...
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- Cecil Gee replied Jul 7, 2015
apart from the big red candle from last week we still haven't closed below 17600 area on the DOW, would like to see a whole candle open and close beneath it for continuation and a 1000 point drop and a VIX rise to the upper 20's, this will help with ...
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- Cecil Gee replied Jun 29, 2015
already up to 34c net debit on APPLE trade, holding for more
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- Cecil Gee replied Jun 29, 2015
the above quote was made in APRIL and today we had a low of 17600 again before we bounced of slightly, we have bounced of this area a few times but this time it may go then the above could happen
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- Cecil Gee replied Jun 29, 2015
could not pass on this earnings trade for APPL dated 20 July, long vertical put spread with a net cost of 8c taken earlier plus comms there is some distance to cover but with the Greece drama continuing that may help out, will look to do others as ...
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- Cecil Gee replied Jun 29, 2015
yes hopefully been positioned since last Thursday for this on a few spreads, only mistake was not selling naked puts on the VIX, volatility set to move higher
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- Cecil Gee replied Jun 29, 2015
this is just a start for further drops coming despite some bounces that will eat into time decays if not out far enough, Apple for 118 is another trade I'm looking at for some kinds spread 2 weeks before its are earning out
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- Cecil Gee replied Jun 25, 2015
add in Earning season to all that, there will be a few big caps who could see the strong dollar negatively affect there growth potential , ie exporters
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- Cecil Gee replied Jun 25, 2015
looking forward to news that may negatively affect the US markets certainly in the short term that could come from GREECE tomorrow, my assumption is purely based on what I'm seeing in the major indices and VIX chart plus monitoring the USD cash ...
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- Cecil Gee replied Jun 9, 2015
the continuous pull back in the USD may have something to do with the euro moving higher, USD may get a bounce around 93 if it doesn't then I'm looking at 90.88 area for it to bounce
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