Good pull-back today, healthy, but I think it was the catalyst some traders were looking for to take some profits off the table. Watch the futures may be a good opportunity to trade the bounce tomorrow.
C is doing well, strong volume today and touched 4.40. The Jun Options are not showing any implicit value as the premiums were trading even past 4--strange as their is some volatility and certainly time value left.
TXT, which we have traded in the past is looking strong, we traded the calls last year for significant gains. May be a product of takeover rumor, but buy the rumor sell the news. This leads us to what happened to PALM today, up almost .70 on a stock should be dropping steadily. Lenovo is rumored to be looking at buying them and if they can't HP is on the list as well. If all this is rumor then the short play is back on.
FSLR jumped again today, put your trailing stops or cover for April calls.
Looking into APPL Jul 11 270 calls for AAPL, could be a double by summer's end.
Picked up SQNM 7.50 11 Calls, I may straddle this. When the news comes out it's going either way.
COYN won an award from General Dyamics--looks like the .085 base is holding.
NKE looks to be taking some trade-space back from Under Armor, is going strong and is not a fad like CROX, although CROX is performing well this year, need to research what they are doing in Europe.
Quicksilver (ZQK) is over $5 are consumer confidence good earnings... Their peers are all above $10.
If NCOC cna find funding for it's current debt they may be a good speculative play...
HL Mining broke 6 today and a new 52-week high... Look at long 6 calls.
Happy Trading...
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