Print Page - BIDU - Puts for tech search space

Title: BIDU - Puts for tech search space
Post by: Tequity on July 13, 2006, 07:01:41 PM

This has been floating up here probably by some tech fund devilry. >:D But the appearance of strength is misleading as the present selloff in the markets worsens it threatens to knock it from its perch. SHLD had a similar chart that ended in a 10+ pt drop in two days. The trading action on BIDU is very choppy intraday with little trending so I'm betting on a sudden rug pull. Reports on May 26, after GOOG on May 21, but I'd expect action in a day or two or will go to August puts to avoid the TD. http://tequity.blogspot.com

Title: Re: BIDU - Puts for tech search space
Post by: catrader on July 28, 2006, 01:53:47 PM

your analysis right on! did you pick up any options. If you did congrats and made a nice profit!

Title: Re: BIDU - Puts for tech search space
Post by: Tequity on August 02, 2006, 04:36:37 PM

;D ;D

Thanks. Sorry I'm posting in two other places and trying to trade. I'll add more otions trades if there is genuine interest. Some straddles and strangles for earnings:

HANS 50call/40put
GRMN 90call/90put
MOLX 35call/30put
SBUX 35call/30put
WFMI 60call/50put

http://tequity.blogspot.com

Title: Re: BIDU - Puts for tech search space
Post by: agatto2 on December 09, 2006, 06:07:28 PM

Hay bud: Ive got my eye on Goog wondering if its going to pull the incredible Island drop. What i did notice though is that on both shld and Bidu the took of like rockets soon after the big drop. I also have Agn on my radar veryvery similar situation. BTW good call on bidu. Tony G

3SOF

Public 3SOF Boards => Options => Topic started by: Tequity on July 13, 2006, 07:01:41 PM