Portfolio of the Week

[gerihearne]

handsome dudes ...

Oh yeah! I remember that.LOL.... You sang this mushy lovey dovey song to Mrs. Rockin'Rob and played the guitar.... Mrs. Lye wonders why I can't do stuff like that.... Thanks a-freakin-lot dude!jeje

I think we had our coats on because we were going outside to check on the chickens and then back inside to eat chips and salsa.

DUDE that was some hot salsa... Not painfull hot..... Gooooood hot.lol

hey, with handsome dudes like this on this forum .. why are some older members not posting?

i'm a new poster, but frankly, my porfolio, well, kind of s---s
it's ok (i haven't lost money), but i've bought into some underperforming stocks ...
i'm going to stay with them, so that means i have no funds to trade .. and let's face it, that's where the fun is ... making the trades ... so, maybe older posters have their money tied up?? just a thought ...

maybe we can spice things up by putting out a calendar, pictures of all the seasoned posters ... we could call it "mrmarket's huge money movers" lol

for me, right now, i have no funds to play with, so i'm playing with words ...

Better trading to y'all,
Geri

[New-born baby]

Geri

Geri,
Do you want a pick? Here it is;

BUY SUF at $9 per share.
SELL the MAY $10 call at $1.

That nets you $2 profit on an $8 investment, or 25% on your money in six weeks. What's wrong with that? And don't buy BEL.

[TFred]

Geri,
Do you want a pick? Here it is;

BUY SUF at $9 per share.
SELL the MAY $10 call at $1.

That nets you $2 profit on an $8 investment, or 25% on your money in six weeks. What's wrong with that? And don't buy BEL.

Greetings NBB,

As a newbie to IB,selling calls is ''latin'' to me.How do you write calls on IB?

With your scenario,you own x#shares at 9$,selling 10$ calls,if stock went up,you lose on the call,but profit on the stock?

If down you profit on call and keep stock for future write option?

Sorry if Im way off,just trying to understand options writing.Ive been told thats where the money is.

cordially tom

[Websman]

The VTP has found a new pick...

Rob, I want to go long RADA

This one is getting ready to fly...jejeje

[Lyehopper]

hey, with handsome dudes like this on this forum .. why are some older members not posting?

............so, maybe older posters have their money tied up?? just a thought ...

.................maybe we can spice things up by putting out a calendar, pictures of all the seasoned posters

What are you tryin' to say Geri?....

[New-born baby]

It's easy

Greetings NBB,

As a newbie to IB,selling calls is ''latin'' to me.How do you write calls on IB?

With your scenario,you own x#shares at 9$,selling 10$ calls,if stock went up,you lose on the call,but profit on the stock?

If down you profit on call and keep stock for future write option?

Sorry if Im way off,just trying to understand options writing.Ive been told thats where the money is.

cordially tom

Tom,
It is real easy. What you do is this:
1. Type in "SUF"
2. A window opens and asks you if you want the stock, the option, or the futures of SUF. If you want the stock, click on "stock." If you want the option, click on "option", and another window opens that asks you what strike (choose $10), what month (choose 'May"), what type, i.e. put or call (choose "call"), and then what exchange/routing (choose "smart"). That will place the $10 MAY SUF Call on your streamer.
3. To sell the call, just click on the 'bid' price. Currently that is $1.00.
4. Remember, 1 contract is for 100 shares. You cannot buy contracts for 50 shares, 75 or any other number than 100 share lots. If you want to sell the calls for 1,000 shares, you need to sell 10 contracts.

You will instantly receive $100 dollars per contract ($1 per share X 100 shares).

WHAT POSSIBILITIES FOR PROFIT
1. IF SUF stays at $9.99 or less, you keep both the stock and the $100
2. IF SUF is above $10 on MAY 19, 2006, they may (sometimes they forget--really) take the shares from you and pay you $10 per share X 100 shares=$1,000. If you add in the $100 they gave you already, that means you get $1100 for your 100 shares of SUF, for which you paid $900. You profit $2 per share. NICE. That 22% on your investment ($2 divided by $9), or 25% of your risk (risk=$9-$1 call price=$8 out of your pocket).
3. IF SUF is below $10 on MAY 19, you can sell the JUN $10calls, or the JULY or the AUG or the . . . you get the picture

In the options game, the call writer wins most always. Now let's consider what happens if SUF goes to $100 per share. You sold it for $10 + $1 call=$11. YOU WIN, but not like you'd win if you had not sold the call.

What if SUF is $9.99 on May 19? YOU WIN. You keep the stock and the $1 per share.

What if SUF is $8.01 on May 19? YOU WIN. You have $9.01 for a $9 stock, whereas those who bought shares at $9 are $1 losers, you are a winner.



What if SUF is $7 on MAY 19? You are not in as big a hole as the guy who paid $9 but did not sell the calls. He is in a $2 hole; you are in a $1 hole, and can sell the next month's call to help you out of this hole.

[IIC]

hey, with handsome dudes like this on this forum .. why are some older members not posting?

i'm a new poster, but frankly, my porfolio, well, kind of s---s
it's ok (i haven't lost money), but i've bought into some underperforming stocks ...
i'm going to stay with them, so that means i have no funds to trade .. and let's face it, that's where the fun is ... making the trades ... so, maybe older posters have their money tied up?? just a thought ...

maybe we can spice things up by putting out a calendar, pictures of all the seasoned posters ... we could call it "mrmarket's huge money movers" lol

for me, right now, i have no funds to play with, so i'm playing with words ...

Better trading to y'all,
Geri

You think those guys are handsome???...GEEZ!!!...You'll probably faint when you see me...Doug(IIC)

P.S...Plus I'm sensitive

[New-born baby]

You think those guys are handsome???...GEEZ!!!...You'll probably faint when you see me...Doug(IIC)

P.S...Plus I'm sensitive

Geri,
Here's IIC's picture. I know you'll faint. . . .

[Rob]

Hey, Well?

You think those guys are handsome???...GEEZ!!!...You'll probably faint when you see me...Doug(IIC)

Then why don't you put up a picture of yourself then, Quasimodo, instead of using Mel Gibson's? (BTW I hate those deer-in-the-headlights pictures when you're caught off guard.)

[IIC]

I don't have a digital camera...Had some photos but when I re-formatted my hard drive about 14 months ago I forgot to save them.

Anyway...I'm better looking in person...So you'll have to wait for the Mr. M convention...Of course, you could always search Google Images

[Lyehopper]

Then why don't you put up a picture of yourself then, Quasimodo, instead of using Mel Gibson's? (BTW I hate those deer-in-the-headlights pictures when you're caught off guard.)

Hey Rob! That's a great picture of you dude!.... Now Mrs Rockin'Rob does looks "caught off guard" and with her hand in the chip bowl I might add.lol.... But she's still looks very pretty. How did you get her to fall for you in the first place dude?.... Let me guess, She saw you playing your guitar and singin' some sad, sad song.... and you melted her heart....

[IIC]

BTW Rob...My B-Day is this Sunday...If you send me a digital camera for my birthday I will put up lots of pics of myself...No problem...Doug(IIC)

[IIC]

Hey Rob! That's a great picture of you dude!.... Now Mrs Rockin'Rob does looks "caught off guard" and with her hand in the chip bowl I might add.lol.... But she's still looks very pretty. How did you get her to fall for you in the first place dude?.... Let me guess, She saw you playing your guitar and singin' some sad, sad song.... and you melted her heart....

Well...I will say...Mrs. Rockin' Rob does look pretty...Nice to see that they have some common interests: e.g. Doritos, Tostitos or whatever they are grabbing.

Geez...I admit that I'm a Sensitive Guy and now...In a Roundabout sorta way...We find out that Lye is a Romantic...Will wonders ever cease???...Doug(IIC)

[Lyehopper]

Well...I will say...Mrs. Rockin' Rob does look pretty...Nice to see that they have some common interests: e.g. Doritos, Tostitos or whatever they are grabbing.

Geez...I admit that I'm a Sensitive Guy and now...In a Roundabout sorta way...We find out that Lye is a Romantic...Will wonders ever cease???...Doug(IIC)

LOL.... Very "Roundabout"....

Hey IIC.... I can be romantic when I wanna be. I took Mrs Lye out to dinner and to see "George Thorogood and the Destroyers" a couple of weeks ago dude! That was kinda romantic, won't it?

[gerihearne]

thanks nbb

Geri,
Do you want a pick? Here it is;

BUY SUF at $9 per share.
SELL the MAY $10 call at $1.

That nets you $2 profit on an $8 investment, or 25% on your money in six weeks. What's wrong with that? And don't buy BEL.

Thanks for the idea, you are always overflowing with ideas ...
I don't think i can do that on scottrade, though .. but i will look into it.
Thanks!

btw: are all your children that cuuuutteeeee?
maybe you should put together a calendar of pictures of your scions