Seeking Alpha

Mazen Abdallah

 
View as an RSS Feed
View Mazen Abdallah's Comments BY TICKER:
Latest  |  Highest rated
  • Why I Wouldn't Trade Apple Right Now [View article]
    Apple has recently become a day trading platform. The options players are largely the cause of the recent mark up. If volatility is not something you can handle or navigate through, then either buy and hold because valuation is in your favor. I will point out that whenever Apple has diverged upwards of 5% or more from its 10 day moving average (has occurred in time frames since earnings release), there is a bit of a pause and retreat to the 10 day moving average. Simultaneously, RSI levels have read above 85 right before the minor sell-off. So, look for those two metrics to arrive at a possibly overbought conditions.
    Mar 22 01:05 AM | 1 Like Like |Link to Comment
  • Apple Approaching Consensus Price Target [View article]
    Well Jeffries and Morgan Stanley just have in the past few trading days to 699 and 720 respectively, so it looks like the separation will be more attributed to the raising of price targets
    Mar 14 08:38 PM | Likes Like |Link to Comment
  • After Abysmal Earnings, The Time To Short Groupon Is Now [View article]
    The stock is down more than 20% since I wrote this article. At that time, shorting via the March puts had a substantial return. The options market is the optimal risk/reward way to short this stock. If you are looking for another entry point to short this stock, it may be wise to wait a short time to late march/early april, which I discuss here - http://seekingalpha.co...
    Mar 9 11:49 AM | Likes Like |Link to Comment
  • Caterpillar In Correction Mode [View article]
    I agree with much you have said. Of particular interest to me is how CAT will react after it fills its earnings gap. Cat continued its lower highs and lower lows today, so the downward trend is still intact.
    Mar 5 02:27 PM | Likes Like |Link to Comment
  • Caterpillar In Correction Mode [View article]
    You are correct and I am long-term bullish on this stock as I have reiterated in stock talks and previous articles discussing CAT. The emphasis of this article is in the short-term, which is important to active momentum traders and/or those who utilize options for hedging purposes. For macro-investors, adding more to this position as it goes lower is not a frowned upon strategy, although I would wait to see how it treats certain support areas.
    Mar 5 02:23 PM | Likes Like |Link to Comment
  • Proven 41% Return For Caterpillar Option Traders [View article]
    I certainly am a CAT bull, have been so since december as you can see in my stock talks. I promoted the CAT feb 95 call in December when it was trading at 2.75. It closed Friday at 19.00 for an incredible 690% return. But after crazy gains like this, I feel its time to lock in some profits and even take advantage of a slight pullback, before it roars on.
    Feb 18 01:12 PM | Likes Like |Link to Comment
  • Proven 41% Return For Caterpillar Option Traders [View article]
    Those strikes are certainly better, but the expiration not so. March or even April are better expiration dates. Time decay (theta) is much greater in the Feb expiration (which is now gone) than in further out months.
    Feb 18 01:10 PM | Likes Like |Link to Comment
  • Proven 41% Return For Caterpillar Option Traders [View article]
    It was 98 cents per put. If you buy one put, you multiply it by 100. Thus, getting the cost of $98. The typo here was "call." Correction was submitted.
    Feb 17 08:30 AM | Likes Like |Link to Comment
  • Proven 41% Return For Caterpillar Option Traders [View article]
    If you don't know the basics, like what is a put and what is a call, (which clearly you don't) there is no need to read this article.
    Feb 17 08:08 AM | Likes Like |Link to Comment
  • Has Apple Gone 'Parabolic' Or Just A Bit Overextended? [View article]
    A stock split would have a greater impact on share price and investor demand than a dividend announcement.
    Feb 13 09:14 PM | 1 Like Like |Link to Comment
  • Facebook's Gift To Zynga Option Traders [View article]
    Correction, It's Feb. 14 (typo). You can find earnings dates on Yahoo Finance Earnings Calendar: http://bit.ly/nAKLTO
    Feb 6 02:54 PM | Likes Like |Link to Comment
  • Why I Wouldn't Sell Options Now [View article]
    Buying March SPY puts right now is a good idea. S& P has had an incredible run this year. Buying a little protection at such cheap levels would be wise.
    Feb 5 05:15 PM | 1 Like Like |Link to Comment
  • Facebook's Gift To Zynga Option Traders [View article]
    Well I understand your concern and that's why I included the example to prove the the strangle works. Many people would like to just be bearish on this name considering how much it has moved up the past week, but to actually put a ceiling on this hot stock in the near term would be a guessing game. This trade removes the need to speculate. If you need more confirmation, do the numbers from Wednesday to Thursday, or better yet, Wednesday to Friday. Granted, for this strategy to continue to be successful, it will require the daily volatility to continue which I am quite optimistic about given the FB IPO and the soon approaching earnings release. I will post a follow-up at the end of this week to update the success or failure of this strangle.
    Feb 5 01:26 PM | Likes Like |Link to Comment
  • Now Is The Time To Buy Netflix's Volatility [View article]
    Strangle turned more than a 100% profit today at its high. Nice!
    Jan 27 01:00 AM | Likes Like |Link to Comment
  • Now Is The Time To Buy Netflix's Volatility [View article]
    True, but gains are limited with that strategy. With the strangle, gains are unlimited. Should NFLX gain more in share price tomorrow or the day after, the strangle would definitely be the better option. In the end, its all a balance of risk vs. reward.
    Jan 25 10:54 PM | Likes Like |Link to Comment
COMMENTS STATS
93 Comments
20 Likes