Playing & Trading Strategy

Try this again... Qestion for this weekend. Dorfman Jul 20, 08:39

are you watching for news and buying on those posts? you could have made a very small fortune yesterday {nm} lobogotti Jul 20, 08:46

I made 2m on dark tower.. Though I wish i had bought JETSONS! Dangit didn't expect a jump like that from news of a script. lol {nm} Dorfman Jul 20, 08:50

did you buy when it IPO'd ? {nm} EggNogAdam Jul 20, 09:00

NO i shorted Dark Towere 2 days ago when it was at 97 when news came about Universal pulling out of it {nm} Dorfman Jul 20, 10:24

hahahaha. win. may I inquire what your prefered news source is for up-to-the-minute film talk? {nm} EggNogAdam Jul 21, 03:43

yesterday a port like yours should have been playing DARKN, BROSE, SLOWM & COYKP. those are low lobogotti Jul 20, 09:06

playing CAPAM.OW is a bit of a risk. at current price it would eat up all your funds for until Monday and there is a possibility you could lobogotti Jul 20, 09:20

yeah i just have it on radar just in case there is some kind of jump or fall in price. Its too "right at the money" i think right now {nm} Dorfman Jul 20, 10:26

Always compare the RS vs MTC to get an early gain, unless u are really sure, calls and puts are usually long(small downright) {nm} karspov Jul 20, 08:51

I made a decent amount when they IPO'd and i bought them all long. BUt then of course I sold everything for HPOT. Cause well duh lol Dorfman Jul 20, 08:52

OW are basically wildcards unless they are no brainer like OW potter,with your port size,u may invest in openers for fluidity ;) {nm} karspov Jul 20, 08:55

thanks {nm} Dorfman Jul 20, 10:26

I tend to work on percentages rather than money.... srrichardson Jul 20, 09:21

This is true. I like percentages. I did short pooh's OW. Dorfman Jul 20, 10:29

99% on 40k is half of 20% on 400000 though...and with options, you run the risk of losing 100%. {nm} freeflyjobo Jul 20, 11:01

And 99% on 40k plus 20% on 360000 is even more! srrichardson Jul 20, 12:30

Understood - makes sense. Thanks! {nm} freeflyjobo Jul 20, 13:40

Thanks everyone for your input and tips. Sometimes I just like to be sure if im charting a good course or not. I really appreciate it {nm} Dorfman Jul 20, 10:29

The downside when you play short term and dump everything for faster bucks is Jane_Citizen Jul 20, 21:23

agreed. I feel like a boob constantly because of this. {nm} EggNogAdam Jul 21, 12:47