BIDU ($137.50) Reports Q3 earnings tonight after the bell. -The options market is pricing in about a 12% move vs the 8 qtr average move of about 6%. -Wall Street analysts fairly one sided on …
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MorningWord: 10/27/11: Well I guess all is right in the world again and if you had any questions that the rally off of the bottom earlier this month was not predicated on the hope of …
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Reuters Euro zone leaders and banks are close to reaching a deal on a 50 percent writedown for private bondholders on their Greek debt, an EU source said on Thursday. Negotiations at a summit meeting …
Continue reading3rd Update Oct 26th, 2011 at 3;42pm: With the stock back at 80, I am going to sell half of my existing position at 4.75 (originally paid 2.30). Now I leave a qtr of my …
Continue reading2nd Update Oct 26th 2011: With AMZN down about 10% on the open, I am selling my Oct 28th weekly 225/215 Put Spread at 9.10 Update Oct 25th, 2011 3:50Pm; with the stock down 4.6% on …
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MorningWord: 10/26/11: Yesterday’s 2% sell off in front of today’s Euro Summit was probably the healthiest thing that could have happened as expectations for immediate positive results have at least diminished a bit. As I …
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Reuters Prospects for a comprehensive deal to resolve the euro zone debt crisis at a summit on Wednesday look dim, with deep disagreement remaining on critical aspects of the potential agreement, including how to give …
Continue readingUpdate Oct 25th, 2011 3:50Pm; with the stock down 4.6% on the day I just sold half of my position at 4.00 for a 1.30 gain, basically taking half my cost of the original purchase off …
Continue readingUpdate Oct 25th 2011: With MS and GS down a little more than 2% each I want to manage yesterday’s put purchases a bit……GS is first on the agenda as it is a weekly option …
Continue reading2nd Update Oct 25th 2:44pm: With the stock down 7.5% today at ~$85 without any news, Update Oct 4th 2011: I sold half of this spread at 1.75, paid 1.00 (read here) Original Post Sept …
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