• Ricardo Espinosa
    Sold MOS 55 puts @3, in @1.44, bought me 2k SAN stock @7.02 with it, 0.23 divvy per share in May.
    4/9/12
    Reply (13)
    • Ocean Man: Nice double on MOS Richard!
      4/9/12
    • Ricardo Espinosa: Thanks OM, CVX put spreads, MON short call spread and long put spread, and MCPIQ long all doing nicely, only hurting is AAPL short calls.
      4/9/12
    • OneLongTrade: Aye Richard, good play. Surprised you're buying actual stock, all Ive seen are option plays from you so far. Good luck, the divvy looks nice
      4/9/12
    • Ricardo Espinosa: I know, I also had to get me some Apr SAN $7 calls @0.15, but had to get the stock for the dividend, almost 20% seems great to me!
      4/9/12
    • Ocean Man: MCPIQ up 7% on a red day - nice one to be in.
      4/9/12
    • Ricardo Espinosa: Sold MCPIQ on Wed then rebought on Thurs´s weakness, only MCP 33 Apr calls now, and only 25 @1.5, but good anyway, I´ll rinse and repeat!
      4/9/12
    • OneLongTrade: Richard, thoughts on NFLX? It's sitting at the day's lows today, how far do you think it can go?
      4/9/12
    • Ricardo Espinosa: NFLX´s chart is getting weaker, a stronger down trend is brewing and IMO, $100 would be a good point to take profits, with a stop above 112
      4/9/12
    • OneLongTrade: Thanks. I have Jun $105s, but I may step out if it breaks below $105 just to lock in gains.
      4/9/12
    • Ricardo Espinosa: I´d give it no more than 2 weeks for it to reach the 100 level, sell half around 102.5 tho just in case it acts up.
      4/9/12
    • OneLongTrade: Good to hear. Shame I got out of my SHLD puts last week, that's gone nowhere but down. I think SHLD is a sub $30 stock, but too dangerous to
      4/9/12
    • OneLongTrade: chase due to high short interest and eddie lampert controlling a whole lot of shares.
      4/9/12
    • Ricardo Espinosa: Exactly why I haven´t touched SHLD, interesting to watch tho, waayy too jumpy because of high short interest, very dangerous for me.
      4/9/12