fuzzballl 7:22 am on Monday, November 27, 2017
Tags: ShortStrangles ( 716 )

WDC

#ShortStrangles – Some sort of a downgrade so getting a nice dip here…

Sold WDC DEC 29 2017 82.5/92.5 Strangles @ 2.50

hcgdavis 9:36 am on Monday, November 27, 2017

what was the news? I am short the Jan. 2018 90 puts but may invert strangle it to bring in more premium.

This stays fairly range bound even with big moves.
- fuzzballl 9:49 am on Monday, November 27, 2017
  
  A downgrade from “overweight” to “equalweight”…whatever that is…LOL Probably Morgan Stanley needing to buy some a little lower.
  
  https://thefly.com/landingPageNews.php?id=2646200&headline=WDC-Western-Digital-rating-change-
- fuzzballl 10:07 am on Monday, November 27, 2017
  
  Nice “stop hunting” at the 200ma. Took ’em out and right back up. See if it holds today…
  - hcgdavis 10:17 am on Monday, November 27, 2017
    
    It stays in a fairly defined range and snaps back quickly when it violates
    - fuzzballl 10:18 am on Monday, November 27, 2017
      
      I’m counting on that! 🙂
      - hcgdavis 11:57 am on Monday, November 27, 2017
        
        Me too 🙂
thomberg1201 12:46 pm on Monday, November 27, 2017

Followed w/ 80/92.50, Dec. 15 for 1.13, probably not trading the last week of the year unless I have to-thanks

Leave a Reply Cancel reply

s: search
c: compose new post
r: reply
e: edit
t: go to top
j: go to the next post or comment
k: go to the previous post or comment
o: toggle comment visibility
esc: cancel edit post or comment