Doctor Jack's Stock Medicine

Nem

Yohan bought 7 blocks of NEM at 46.02, and wrote 700 Nov 45 calls for 1.45.

Covered 700 Nov 45.00 NEM calls at .05/share for a profit of 1.40/share times 70,000 shares and wrote 700 Dec 45.00 calls at 1.15/contract.

[Websman]

Sold my MRVL shares for 19.88. I may buy back after earnings

I'm glad I took my profit on MRVL as it looks like earnings is taking the share price down. Regardless, it was still a good call. Thanks for posting about it!

So what do you think Jack... Are you still bullish on MRVL?

[Websman]

Sold 7 blocks of MRVL at 19.62, and covered 700 Nov 18.75 at 1.20/contract for a net profit of 24 cents/share times 70,000 shares.

Sold my MRVL shares for 19.88. I may buy back after earnings

Mrvl

Sold 7 blocks of MRVL at 19.62, and covered 700 Nov 18.75 at 1.20/contract for a net profit of 24 cents/share times 70,000 shares.

Mrvl

Jack what do you think of buying MRVL at 19.40 and selling Nov 20 calls at .40

Earnings are tomorrow...

The nov 20 calls remain a good hedge. The company reports on thursday; while the report may be bad in terms of charge-offs, the numbers in terms of year to year guidance shall be exceptional.

Qid

Bought 1 block of QID at 53.08

[New-born baby]

I own a good position of MRVL at $ 18.25..
My thought was to buy more and if it did get taken away on Friday, I would still make $1 / shr . $19.40-$20.00 plus the .40/shr for the call ....Im still trying to figure these covered calls.

That would be a nice, quick 5+%, wouldn't it? I think MRVL pops higher. Very bullish action.

Some big boys are accumulating this baby today.

[grebnet]

Mrvl

I own a good position of MRVL at $ 18.25..
My thought was to buy more and if it did get taken away on Friday, I would still make $1 / shr . $19.40-$20.00 plus the .40/shr for the call ....Im still trying to figure these covered calls.

[alice4321us]

Earnings on 11/16

Earnings are tomorrow...

Earnings are on Thursday after market close as per yahoo calendar.

[New-born baby]

Jack what do you think of buying MRVL at 19.40 and selling Nov 20 calls at .40

Earnings are tomorrow...

Daily shows a cup with small handle . . . I think it explodes higher. Just buy the call at $.50 and risk less.

[grebnet]

Mrvl

Jack what do you think of buying MRVL at 19.40 and selling Nov 20 calls at .40

Earnings are tomorrow...

Intc

Sold 8 blocks at 21.53 and bought back the Nov 20 calls at 1.55/contract for a net profit of 7 cents/share times 80,000 shares.

Nem

Yohan bought 7 blocks of NEM at 46.02, and wrote 700 Nov 45 calls for 1.45.

[Websman]

Anything below 20 is an opportunity to accumulate. The stock is an easy double in 1 year, especially it being a market cap of 10 billion. It shouldn't be hard for such an innovative stock to move 20 to 30 points in 1 year. Now, for those who hold a core position coupled with covered call premium options, while dedicating another core for trading the daily movements, the stock is an easy triple!

Looks to me like MRVL is sitting on the 50 day MA, but could possibly drop to the 21 day at 17.65. This would make for an even better buying opportunity. Of course there is no guarantee that it'll make it there. I guess we'll find out today...

Intc

http://www.fool.com//news/commentary/2006/commentary06110932.htm