Doctor Jack's Stock Medicine

[Jack Haddad]

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.

[grebnet]

Mrvl

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

Earnings are tomorrow...

[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.

[alice4321us]

Earnings on 11/16

Earnings are tomorrow...

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

[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.

[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.

[Jack Haddad]

Qid

Bought 1 block of QID at 53.08

[Jack Haddad]

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.

[Jack Haddad]

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.

[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

[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?

[Jack Haddad]

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.

[Jack Haddad]

Mrvl

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?

Sorry for the delayed response...Was in NY for 3 days. I believe more in MRVL and looking for a portal of entrey myself to establish a new postion after profiting a ton in the lat 2 weeks of trading. Since, I'm a hedge typr of guy, I'm looking for a better spread option for the month of DEC. The strike price of 20 does not pay enough premium, and the 17.50 strike does not have a high intrinsic value. I'd rather to buy at around 18.50 and work mt way down.

[Jack Haddad]

Dia

Shorted 3 blocks of DIA at 123.17

[Jack Haddad]

Mrvl

http://seekingalpha.com/article/20684