Latest positions and Soft-thoughts
Trader’s thoughts of the day – should we have more MSFT puts than we do? Is there any chance the expectations are so low already that the Windows 8 failure is priced in? Is there a chance Windows 8 catches fire in the next few months? Is MSFT too cheap and too profitable for the stock to fall below $25 anyway?
Anyway, no trades for me on this strangely warm and sunny winter day in Alto, NM.
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Here’s a list of my latest positions in approximate order from largest to smallest. I give each stock a current rating from 1 to 10, 1 being “Get out of this position now!” and 10 being “Sell the farm, I’ve found a perfect investment” (there will never be a 10 rating, because there is no such thing as a perfect investment, of course). Anyway, here’s the list:
Longs –
- Apple (9)
- Facebook (8)
- Google (8)
- Amazon (8)
- Fusion-IO (9)
- Lindsay (8)
- Sandisk (8)
- Baidu (7)
- Broadcom (7)
- F5 (6)
- Nuance (7)
Shorts –
- Apollo (8)
- Dollar General (8)
- Dollar Tree (8)
- JPM (9)
- LPS (9)
- MS (9)
- PSO (8)
- GLD (7)
Binary Outcome Trade –
- Long MSFT calls and puts – (8)