Seeking Alpha
  • Ricardo Espinosa
    STC 50 SPY Apr 136 calls @2.53, in @1.68, still net long with APA, MOS, CHK & SAN, short AAPL & CF
    4/12/12
    Reply (11)
    • Ocean Man: CHK looking good, up 3.7% today.
      4/12/12
    • Ricardo Espinosa: MOS, APA, CAT and CHK look great, CHK´s 21 puts were a great sale IMO, will close above, good trade to keep until next week.
      4/12/12
    • neobliviscar: Net long on MOS now, since I was selling 1x of 52.5 and 2.5x of the 50s when it accelerated below $55. Didn't think it would get below $52.
      4/12/12
    • neobliviscar: I meant options: the 52.5p and 50p Sort of my stinker position of the moment.
      4/12/12
    • Ricardo Espinosa: My charts say MOS will reach at least 54.51 before expiration, let´s see how it goes, that´s why I switched from short to long, both profit.
      4/12/12
    • neobliviscar: This might be a longer hold. It swings hard when it does move, and I will wait for it and best exit. Yet, it is worst position at present.
      4/13/12
    • Bret Kenwell: Rich, you long MOS now? you had the puts a week ago correct?
      4/13/12
    • Bret Kenwell: and you think 54 before APR. exp?
      4/13/12
    • Ricardo Espinosa: Yeah, I closed the long put position a few days ago, Monday or something, and went long with long calls/short puts (50/55), and
      4/13/12
    • Ricardo Espinosa: I do think 53 is reacheable next week, but if it goes below 50, I´m out.
      4/13/12
    • Bret Kenwell: good targets. may follow you in. I currently long POT, when it sold off to 42.5 ish. But like you, if that breaks, I'm gone.
      4/13/12