2008-10-07T00:11:25Z http://incometraderblog.com/comments/atom.aspx Quick Blogcast tag:incometraderblog.com,2008-10-04:1418350 Jim White 2008-10-04T09:42:06Z 2008-10-04T09:42:06Z SPR
DIS]]> tag:incometraderblog.com,2008-10-01:1411561 Marie 2008-10-01T22:47:57Z 2008-10-01T22:47:57Z I am trading AMRI now. It appears to have broken support, but I'm thinking it might just be crazy times. It had a nice upward trend for the past 9 months until just recently.
I was curious how you view AMRI these days?

Thanks for everything!

Marie]]> tag:incometraderblog.com,2008-10-01:1410350 Michael Rackley 2008-10-01T15:08:18Z 2008-10-01T15:08:18Z
Could you comment on AAPL as it is a highly traded stock that seems to be way undervalued at the moment?
Thanks!]]> tag:incometraderblog.com,2008-10-01:1408927 Mike Coval 2008-10-01T03:11:03Z 2008-10-01T03:11:03Z At this time (1 week or less), short term trades are my favorite as it allows for constant profits and gets me out quickly.

Long term (6 months or more) is also good for those who can't follow the markets to closely.
Cheers,
Mike
]]> tag:incometraderblog.com,2008-10-01:1408924 Mike Coval 2008-10-01T03:08:58Z 2008-10-01T03:08:58Z tag:incometraderblog.com,2008-10-01:1408923 Mike Coval 2008-10-01T03:08:27Z 2008-10-01T03:08:27Z This would be a stock you buy that you like longer term and then instead of selling calls each month against it, you sell a covered call for 3 or 4 months out.

Suppose you liked PFE right now and thought the upside was bullish. You could buy it around $18.14 and then sell the December $20.00 calls on it. this way you lower your cost basis on the stock in case it does drop but it is easier to manage as you are not watching it every month wondering if it will go to $20.00 or not. No need to follow up monthly since the expiration is 3 months away. A little easier to trade and much less stress in the current enviornment.
Cheers,
Mike ]]> tag:incometraderblog.com,2008-09-30:1407079 Marie 2008-09-30T15:05:00Z 2008-09-30T15:05:00Z Can you give a definition of a long option covered call? (LOCC) I was thinking of doing a LOCC on PTIE after reviewing the IT newsletter.
Is the LOCC like buying a leap option and selling a front month option to provide monthly revenue?]]> tag:incometraderblog.com,2008-09-30:1407013 John 2008-09-30T14:43:31Z 2008-09-30T14:43:31Z Thank you very much. That gives me a lot more clarity to why it settled the way it did. I have one more question. Would you recommend using volatility when doing money management?
John]]> tag:incometraderblog.com,2008-09-30:1406466 Mark Perschel 2008-09-30T11:28:57Z 2008-09-30T11:28:57Z Thank You! so much for taking the time to comment on the markets each week. I appreciate your insight and experience. What stratigies do you reccomend at this time? I still work mowing grass full time and can only trade in the evenings.

Mark, Jacksonville Florida]]> tag:incometraderblog.com,2008-09-30:1406061 Pablo Vega 2008-09-30T09:13:24Z 2008-09-30T09:13:24Z
I haven't really checked this, but here's some research you could try. Look at some stocks or industries that you've traded before (and are familiar with) and take a look at volume during more common trading periods. My guess is you'll probably see volume spikes one or maybe two days, then it slowly fades while the stock keeps uptrending.

However, take a look at volume lately, and you'll probably see a spike one day, then volume very quickly going back to average or even under-average, then another spike probably a few weeks later as the stock or industry sells off again.

This is probably institutions not willing to commit capital for long periods in these uncertain times and just trying to catch a "quick ride up" with whatever they can find that looks promising (even if it's just for a few weeks).

Again, this is just my guess, I haven't researched this, but it sounds plausible right?]]>