tag:blogger.com,1999:blog-4749115770202162460.post1505378282386497476..comments2023-08-05T09:59:40.423-04:00Comments on Jim Kingsland's Financial Balderdash: Random Weekend Musings Part 2Anonymoushttp://www.blogger.com/profile/07411606067910659252noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4749115770202162460.post-33838943862832277512007-01-21T10:46:00.000-05:002007-01-21T10:46:00.000-05:00Interesting analysis, and thanks for stopping by, ...Interesting analysis, and thanks for stopping by, Optionpundit... nice blog!Anonymoushttps://www.blogger.com/profile/06600639357521599493noreply@blogger.comtag:blogger.com,1999:blog-4749115770202162460.post-52172708614300836282007-01-21T09:20:00.000-05:002007-01-21T09:20:00.000-05:00Jim, a good blog and a good article about PFE. I a...Jim, a good blog and a good article about PFE. I am an option player and generally I play neutral strategies to take advantage of time decay, and IV.<br /><br />One thing that I have noticed is the ATM IV difference between Feb options and March options is about 5% while April onwards 7%. So in my opinion street is expecting about 5-7% stock price movement, Which direction, I don't know. But backspread might eb a good option to play as "move" is expected.<br /><br />Profitable trading,<br />OptionPundit<br />www.OptionPundit.netAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4749115770202162460.post-14914513598954045502007-01-21T02:52:00.000-05:002007-01-21T02:52:00.000-05:00that makes as much sense, if not more sense than m...that makes as much sense, if not more sense than my thinking. it will be interesting to see what happens. thanks for commenting!Anonymoushttps://www.blogger.com/profile/06600639357521599493noreply@blogger.comtag:blogger.com,1999:blog-4749115770202162460.post-88902703057459698222007-01-21T02:06:00.000-05:002007-01-21T02:06:00.000-05:00Hey Jim-
I disagree with your comment regarding t...Hey Jim-<br /><br />I disagree with your comment regarding the "bullishness" surrounding the Feb call buying for PFE. Let's see...earnings on Monday and entire month of open interest for only $.40 above $27.50? That's only a 3% move to break even. To me that's not alot of confidence this stock has a big break to the upside coming. Here is my analysis of the call buying - sell the shares/buy the calls in an effort to limit your downside.Anonymousnoreply@blogger.com