If we close at LOD again, this is going to the 6th reversal day since mid Apr. If it still fails, we can throw candlestick chart patterns out of the door.
If we close at LOD again, this is going to the 6th reversal day since mid Apr. If it still fails, we can throw candlestick chart patterns out of the door.
csw2002 发表于 2009-6-19 13:05
Reversal patterns such as today (assuming it closes at LOD) typically signifies trend reversal and it used to work quite well. However, since this bear market rally started, this chart pattern has failed repeatedly. I have entered quite a few times based on reversal patterns and then got stopped out on a higher high.
If I have a bull call spread going into today, and the lower strike is ITM and higher strike is OTM, 技术上如何 close the position?
Can Lao Da 们给咱讲讲?
lwjnbtx 发表于 2009-6-19 13:16
What I wanted to say is, the stock is trading at $82.7 and my 78 call bid is only at $4.5. and is less than the intrinsic value, and the MM are taking too much of a spread. Of course the OTM now is penny.
So is there a better way of closing my ITM leg without give too much spread to the MM's ?
If I have a bull call spread going into today, and the lower strike is ITM and higher strike is OTM, 技术上如何 close the position?
Can Lao Da 们给咱讲讲?
lwjnbtx 发表于 2009-6-19 13:16
it looks like that your option account is below level 4 (naked put and call sell). If so, you can either close the spread (pair in, pair out) or buy the stock at ITM strike price.
Reversal patterns such as today (assuming it closes at LOD) typically signifies trend reversal and it used to work quite well. However, since this bear market rally started, this chart pattern has fai ...
csw2002 发表于 2009-6-19 13:20
What I wanted to say is, the stock is trading at $82.7 and my 78 call bid is only at $4.5. and is less than the intrinsic value, and the MM are taking too much of a spread. Of course the OTM now ...
lwjnbtx 发表于 2009-6-19 13:30
如果你愿意赌收盘价不低于现价＋ｂｉｄ／ａｓｋ ｐｅｎａｌｔｙ．Short the same amount of stocks at the close to avoid big gap down on Monday
If you do what I said, make sure you exercise the calls. I seldom buy equity options and I'm not sure they can be automatically exercised at expiration.
You have to pay $0.518 dividend at the end of July because your long position is on next Monday. Which is more than the penalty.
freestock 发表于 2009-6-19 13:44
狗仔卡
发表于 2009-6-19 12:02 PM
发表于 2009-6-19 12:07 PM
