TipTops - Top Picks

Not that they are too high but the risk/reward is not as good as what I was planning with the 12's. If you should take the plunge consider it a gamble and don't wager more than you can afford to lose.

 

I will give MGM honorable mention pushing towards $25 but no cigar yet.

 

Crazy week for me, up on the down days and up of course the up days. It pays to be diversified. Nothing staggering today but any win is a good win.

 

With another market rally, MPEL is my leading stock up 4 1/2 percent followed by MGM and AMD continues the as VLY is outperforming the financial sector. I took another gamble and bought some really cheap F calls....Don't try this at home unless you got money to risk.

F calls
http://stockaholics.net/threads/f-ford-motor-company.16/#post-20910

TTT

 

Remember this is a gamble but the price is cheaper than a nice meal for two on 25 contracts

Cheap calls looking for rebound in Ford
Traders are buying inexpensive calls in hopes that Ford Motor will make a comeback in coming months.
optionMONSTER's market scanner shows that 4,623 November 16 calls were purchased for $0.02 at the same time Friday afternoon. This is clearly fresh buying, as open interest in the strike was just 103 contracts before the trades appeared.
http://finance.yahoo.com/news/cheap-calls-looking-rebound-ford-142250516.html

 

Good day in the neighborhood as my portfolio is at it's highest year to date. Besides AMD and it's calls, MPEL soared today. I banked a few profits hopefully more to follow as I have multiple calls that expire on the 19th.I did buy some F calls on a gamble http://stockaholics.net/threads/f-ford-motor-company.16/#post-20910
Those $7 calls below, I suggested on this thread when they were 20 cents.

 

All red today as the broader markets having an expected pull back. AMD and WPX getting hit the hardest as F, BAC, S, and UVE holding up decently.

 

@Auri I am not sure of your purpose If this is a stock pick, please provide some fundamentals and why you think it is going to go up or down

 

The markets worsened since my post this morning and I took a hit on T and AMD. With that I bought some T calls. I did have a little green as BAC posted a 1% gain and I expect it to trade higher in the near term. UVE followed it's normal pattern selling off on low volume to come and close positive and squeaked out 7 cents. WPX made a recovery and only lost 3 cents as F dropped less than a percent -9 cents.



T and my 1st tier calls
http://stockaholics.net/threads/t-at-t-inc.74/#post-21121

 

The only things noteable was a 3.36% drop on MPEL and a 2.88% pop on WPX. I missed taking profits on WPX by 8 cents as I was out away from the computer for a while. I think my financials were ready to run but the Fed is still sitting on a rate hike. With the good jobs report we got it should be raised and I feel it is more political orientated than for the good of the country...IMHO

 

Markets are mixed and weak right now as VLY is making a small move up and AMD is making a bigger move up. I took my profits on WPX that completes trade #10. I will wait for down turn on oil to re-enter.

 

AMD looking strong on a 5.39% pop as it heads towards the upper BB. With expiration tomorrow on my $6 calls, decision if I want to take the cash or buy some of the shares or a combination of both. I did this when AMD was at $4 on expiration day and sold at $6 some weeks later



UVE keeps inching it's way up even when the market has been red. Been in this one since $16


VLY much like UVE on the inching board


The only significant down side is that T continues to drop and I am buying November calls accordingly

 

I made another buy today for 6 cents. Unless this gets out of control I am good with what I got. If I should see it around 2 or 3 cents then I would most likely make my final buy.

For those playing AMD there was 962,069 shares traded in AH with a HOD of 7.11 and that is 5 cents short of the 52 week high