need a little help. i am blinded by my long in NOK (minor profit
@ current level after being assigned on puts last year and
selling calls since). i see a wedge formed, resistance at 50d sma
on daily. is it time to walk away or stay and play (stay long or
sell more calls)? I read the news items constantly but can't seem
to seperate the wheat from the chaf. thoughts welcomed. (FYI -I
prefer android phones too
) Haz
last time i sold long dated puts on this one was back when it
was trading @~15, so i shall sit here impatiently as i await for
this short trade to conclude.
April 12 (Bloomberg) -- Mines & Energy Minister Edison
Lobao speaks in Brasilia interview.
• Says govt leaning towards not charging Special
Participation Tax (SPT) on miners
• No decision made yet on SPT
• Brazil to publish new mining rules in 15 to 30 days
fyi - i've been an ATP user since 2001. currently using ATP v
9.? yesterday watched a seminar on beta version (seminar
available on the website to watch at your leisure) which i
mistakenly thought was just a test version. apparently it is
mis-named. the beta version is a state-of-the-art platform that is
constantly evolving (that's why the call it beta). the charting
package is far better than the old. i played with it last nite and
it works about as well as the free stockcharts without the ads. the
windows 'float' if you want them. like any upgrade it will take
time to get used to it. i ran both the 'old' atp and the
beta versions simulaneously last nite. you can not move your charts
from old to new, you have to re-create them (which is fine because
the old atp had terrible charts). i tried using the .com version (i
have 3 different computers that i thought i could use the platform
from -home-work-laptop) but i thought the beta version was more
powerful. not sure if i can save layouts and transfer them between
systems (should be ok because the power of the beta version makes
up for the extra work). while watchlists are saved via the web,
layouts are still saved locally (hopefully that will evolve too).
suggestion, go to website download current beta version (the one
that was on my computer that came with atp last time was an older
model that didn't update) good trading. Haz
for those of you who were not paying attention to the calendar,
today is the day for old circuit breakers to be updated with price
band swings and associated halts. in a nutshell: if a stock falls
below zero in any 5 minute time period, trading will be halted for
15 minutes before resuming.
Matt/Steve, my trading has evolved into primarily short puts
(work gets in the way of anything more exciting). many of your
ideas are spot on (read paying BPT's reasonal cost and then some
). i'm glad you kept me away
from GDXj as i'd be under water now. like others i can't add ideas
to the blog as i haven't the time to post most days. i've learned a
considerable amount in the years i've been a member, applying that
knowledge to position ideas. and your analysis of the market has
kept me on the right side for months. Your sell in may and go away
statistics means april expiration represents a vast majority of my
remaining positions.
kaching !!! thanks HAZ
i was 'expecting' below 50 (vs 51.3 actual), or was that hoping?
street was expecting 54, overhyped imho.
. FYI europe closed today so the US is on its
own.
The community is delayed by three days for non registered users.
gotta love the volatility
FIO
Posted by hazbin1 on 8th of May 2013 at 03:48 pm
perfect for selling (short) otm short dated puts.
earnings after the close today
FTNT follow up
Posted by hazbin1 on 30th of Apr 2013 at 02:15 pm
NOK
Posted by hazbin1 on 30th of Apr 2013 at 12:07 pm
need a little help. i am blinded by my long in NOK (minor profit @ current level after being assigned on puts last year and selling calls since). i see a wedge formed, resistance at 50d sma on daily. is it time to walk away or stay and play (stay long or sell more calls)? I read the news items constantly but can't seem to seperate the wheat from the chaf. thoughts welcomed. (FYI -I prefer android phones too
) Haz
probably overshoot
30 year bond yield
Posted by hazbin1 on 26th of Apr 2013 at 09:44 am
sub 2.0% would be my guess... but when is the real question???
CBOE options trading outage
Posted by hazbin1 on 25th of Apr 2013 at 12:32 pm
CBOE having issues, trading not yet open today..
deja vu?
spx is overbought and some negdiv on 15min, how is ...
Posted by hazbin1 on 24th of Apr 2013 at 03:18 pm
or is it groundhog day?
guess we not there yet!
AAPL hanging on to support
Posted by hazbin1 on 17th of Apr 2013 at 11:04 am
mid 300's, ok, i can wait another week.
waiting on PTEN long
PTEN follow up
Posted by hazbin1 on 17th of Apr 2013 at 11:02 am
last time i sold long dated puts on this one was back when it was trading @~15, so i shall sit here impatiently as i await for this short trade to conclude.
GDX/GDXJ swing trade
ATHX Update
Posted by hazbin1 on 16th of Apr 2013 at 12:08 pm
an i'm looking forward to that opportunity!
tax issue
vale
Posted by hazbin1 on 12th of Apr 2013 at 03:41 pm
April 12 (Bloomberg) -- Mines & Energy Minister Edison
Lobao speaks in Brasilia interview.
• Says govt leaning towards not charging Special Participation Tax (SPT) on miners
• No decision made yet on SPT
• Brazil to publish new mining rules in 15 to 30 days
independent of tax case dispute
keep going UP!
THRX
Posted by hazbin1 on 12th of Apr 2013 at 10:14 am
as long as they don't crash between now and april expiry next week (I'm short puts) I'm good with that!
Fidelity ATP - Beta version
Posted by hazbin1 on 12th of Apr 2013 at 08:41 am
fyi - i've been an ATP user since 2001. currently using ATP v 9.? yesterday watched a seminar on beta version (seminar available on the website to watch at your leisure) which i mistakenly thought was just a test version. apparently it is mis-named. the beta version is a state-of-the-art platform that is constantly evolving (that's why the call it beta). the charting package is far better than the old. i played with it last nite and it works about as well as the free stockcharts without the ads. the windows 'float' if you want them. like any upgrade it will take time to get used to it. i ran both the 'old' atp and the beta versions simulaneously last nite. you can not move your charts from old to new, you have to re-create them (which is fine because the old atp had terrible charts). i tried using the .com version (i have 3 different computers that i thought i could use the platform from -home-work-laptop) but i thought the beta version was more powerful. not sure if i can save layouts and transfer them between systems (should be ok because the power of the beta version makes up for the extra work). while watchlists are saved via the web, layouts are still saved locally (hopefully that will evolve too). suggestion, go to website download current beta version (the one that was on my computer that came with atp last time was an older model that didn't update) good trading. Haz
IEA Cuts Oil-Demand Forecast
Posted by hazbin1 on 11th of Apr 2013 at 01:38 pm
April 11 (Bloomberg) -- The International Energy Agency
reduced its forecasts for global oil demand in 2013 for a third
consecutive month, predicting the weakest consumption in Europe
in almost three decades.
The IEA cut its estimate by 45,000 barrels a day,
predicting that world consumption will increase by a “subdued”
795,000 barrels a day, or 0.9 percent, to 90.58 million barrels
a day this year. European demand will slump by 330,000 barrels a
day. Still, an imminent recovery in refinery operations after
maintenance and political threats to supply mean “it may be too
early to call a bear market,” the IEA said.
earnings 4/18/13
NOK
Posted by hazbin1 on 10th of Apr 2013 at 03:49 pm
NOK better stay up there through earnings, as i hope they are good so i can get taken out of my covered short calls which expire the next day.
rationale for early release
FOMC Minutes will be released early today at 9:00 AM ...
Posted by hazbin1 on 10th of Apr 2013 at 09:02 am
apparently released to members of congress and 'trade groups' yesterday afternoon. (not sure of time frame). hmmmmmm
new stock circuit breakers in effect today
Posted by hazbin1 on 9th of Apr 2013 at 07:40 am
for those of you who were not paying attention to the calendar, today is the day for old circuit breakers to be updated with price band swings and associated halts. in a nutshell: if a stock falls below zero in any 5 minute time period, trading will be halted for 15 minutes before resuming.
not to worry
Blog is in witness protection
Posted by hazbin1 on 6th of Apr 2013 at 07:58 am
Matt/Steve, my trading has evolved into primarily short puts (work gets in the way of anything more exciting). many of your ideas are spot on (read paying BPT's reasonal cost and then some
). i'm glad you kept me away
from GDXj as i'd be under water now. like others i can't add ideas
to the blog as i haven't the time to post most days. i've learned a
considerable amount in the years i've been a member, applying that
knowledge to position ideas. and your analysis of the market has
kept me on the right side for months. Your sell in may and go away
statistics means april expiration represents a vast majority of my
remaining positions.
kaching !!! thanks HAZ
commodity newsletter
Silver weak today
Posted by hazbin1 on 1st of Apr 2013 at 11:10 am
after reading it yesterday it made me rethink where to take slv and gdxj positions (short puts), not there yet...
whose expectations?
ISM below expectations
Posted by hazbin1 on 1st of Apr 2013 at 10:40 am
i was 'expecting' below 50 (vs 51.3 actual), or was that hoping? street was expecting 54, overhyped imho.
. FYI europe closed today so the US is on its
own.
more importantly to the bottom line
ADM
Posted by hazbin1 on 28th of Mar 2013 at 04:04 pm
Ethanol!