BIDU Earnings Play (Ranges)
04/27/2011 4:02 pm Leave a comment
Closing price (4/27/11) = 151.11
ATM Straddle = 10.8
Expected move = +/- 10.05
Composite of the two:
Explain markets. Share trades. Track them.
01/05/2011 1:03 pm Leave a comment
Wednesday: Take profits quickly.
IN
INTC – Added Feb-11 CALLS
RCI – Added to short
OUT
LFC: +0.25
UUP: +0.12
BIDU: +0.23
CME: +0.60
Watching: CTXS, DB, FMX, FRX, LVS, NRG, OC, PRGO
01/04/2011 1:37 pm Leave a comment
Tuesday
IN
RCI – Short position added to portfolio on market weakness.
CME – Short position added to portfolio on market weakness.
BIDU – Good relative strength.
UUP – Good levels. Hedge.
LFC
INTC – Good strength back in INTC.
OUT
ISRG: +.20
EMC: -.09
Watching CTXS, INTC, LLL, WLP, and FRX.