2 opening plays

wallstreetsedge · 02-20-2008, 09:25 AM

look to buy puts on...

SNE mar 45 or mar 50 or apr 45

GRMN apr 70 or apr 75

MrSer · 02-20-2008, 01:07 PM

nice call on grmn i played it at the open as well. [On the call, according to Bloomberg headlines, the company said: It sees competition increasing in 2008, says average navigation-device price fell 19% in Q4, sees navigation-device prices dropping 20% this year. On a positive note, the CFO said retail inventories are "lean."]

wallstreetsedge · 02-20-2008, 01:38 PM

yeah my buddy called me while i was watching it open so i didnt get a chance to grab it while it was still up 3-4%

instead i grabbed it while it was up somewhere about 1.5%... i was in an out.. probably made about 30%.. probably should have held onto them longer

didnt really get into SNE since it opened down 1%

i did buy some puts on HPQ though

02-20-2008, 09:25 AM	#1
wallstreetsedge forum leader weekly challenge winner 2x Join Date: Dec 2007 Location: NYSE Posts: 1,632	2 opening plays look to buy puts on... SNE mar 45 or mar 50 or apr 45 GRMN apr 70 or apr 75

02-20-2008, 01:07 PM	#2
MrSer valued contributor weekly challenge winner 3x Join Date: Jan 2008 Posts: 451	Re: 2 opening plays nice call on grmn i played it at the open as well. [On the call, according to Bloomberg headlines, the company said: It sees competition increasing in 2008, says average navigation-device price fell 19% in Q4, sees navigation-device prices dropping 20% this year. On a positive note, the CFO said retail inventories are "lean."]

02-20-2008, 01:38 PM	#3
wallstreetsedge forum leader weekly challenge winner 2x Join Date: Dec 2007 Location: NYSE Posts: 1,632	Re: 2 opening plays yeah my buddy called me while i was watching it open so i didnt get a chance to grab it while it was still up 3-4% instead i grabbed it while it was up somewhere about 1.5%... i was in an out.. probably made about 30%.. probably should have held onto them longer didnt really get into SNE since it opened down 1% i did buy some puts on HPQ though

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads	Thread Starter	Forum	Replies	Last Post
Yahoo! Plays Hard to Get, SocGen Plays Hard to Beat	Yahoo! Finance	Stocks - market news, analysis and advice (RSS feeds)	0	02-11-2008 08:50 AM
Fed plays	chinaman711	Stock picks and strategies	2	10-29-2007 08:56 PM
Off The Shelf: Opening the On-Ramp for Women (New York Times)	New York Times	Stocks - market news, analysis and advice (RSS feeds)	0	08-04-2007 07:09 PM
Eye-Opening Yield In A Closed-End Fund (Forbes.com)	Forbes.com	Stocks - market news, analysis and advice (RSS feeds)	0	04-03-2007 06:50 PM
TKO Look for Higher Opening on Wednesday	smmcintyre	Stock picks and strategies	0	12-26-2006 10:38 PM