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Jack Haddad
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Jack Haddad
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  • Bargain stocks in the wake of an overvalued general market
    If you are searching for sotcks that had the least run relative to the rapid rise in the DOW Jones Index, consider the following:

    1.  AMAT:  Shares remain depressed while implied option volatility indicate that shares will remain stable.  This is a good opportunity to buy shares and write calls against them to pocket a monthly premium.  I recommend the Nov strike 13 calls against the underlying shares.

    2.  INTC:  While shares have surged from a one year support of 15.10, CEO Otollini has been very upbeat on Company's guidance.  They have exceeded the most conservative analyst forecast in earnings and 4th quarter guidance.  Shares are a buy at these levels.  I recommend writing Nov strike 20 calls as a hedge against the underlying shares.

    3.  DOG; this is a very good index which shorts the DOW Jones.  You can buy shares and hedge them with Nov strike 55 calls.  This index is a perfect way to hedge your entire portfolio if you want ot safeguard long positions.


    Disclaimer: MD CApital Management owns DOG, INTC, and AMAT
    Tags: DOG, INTC, AMAT
    Oct 20 1:20 PM | Link | 1 Comment
  • Stocks have gone up wild
    It's one thing for companies to be able to beat earnings estimates because of lower expenses and boosts to international profits because of the weak dollar. But until more companies are confident that demand in the United States is improving, be wary. The disconnect between Wall Street's elation about earnings and the average American's continued concerns about the economy as a matter of perception.
    Oct 20 11:25 AM | Link | 1 Comment
  • BAC: Countrywide and Merrill mergers should boost the bank's profits

    Dollar cost averaging on BAC is a great idea, now that shares have been stable.  Bought at 17.18 and wrote Nov strike 17 calls at .90/contract.  I will buy more at the proper support levels, if shares trend down.


     

    Disclaimer: MD Capital Management owns BAC 

    Tags: BAC
    Oct 19 3:12 PM | Link | 1 Comment
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  • Market technicals: I'm accumulating both QID and DXD as the DOW and nasdaq look tired. We have not been able to surpass 10479.
    Dec 23, 2009
  • Amln: today's pullback is a great entry hedged by writing Jan 12.50 calls. Last week's results of Byetta far exceeded epxectations.
    Dec 23, 2009
  • QID: added more to my core position at 20.48. Nasdaq is topping out and is tiring.
    Dec 11, 2009
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