Comments on: Getting in Deeper on FWLT http://mytradersjournal.com/stock-options/2008/03/05/getting-in-deeper-on-fwlt/ Investing in Stocks Through Options Sun, 20 May 2012 05:09:47 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Alex Fotopoulos http://mytradersjournal.com/stock-options/2008/03/05/getting-in-deeper-on-fwlt/#comment-2440 Alex Fotopoulos Sat, 08 Mar 2008 01:00:37 +0000 http://mytradersjournal.com/stock-options/2008/03/05/getting-in-deeper-on-fwlt/#comment-2440 re Support on FWLT - I saw that and was pissed that I sold this extra put two days too early. I have until April on these puts, so I'm riding it out. Fundamentals will pay off for this one at some point, probably. On the technical side I was banking too heavily on that short trend line that just broke. I really broke my own rule to sell that close to the money in this market. Spilled milk now. Interesting though, the closing price today was 2 cents above the intraday low on Feb 7th which was the the low of Feb. My next hope for support (aside from hoping this dip was a one day deal) is 60. FWLT could retest the Jan intraday low down to 55, but doubt (aka hope) it will. Earnings are over and it's just macro economic fear pushing it down now. re Support on FWLT – I saw that and was pissed that I sold this extra put two days too early. I have until April on these puts, so I’m riding it out. Fundamentals will pay off for this one at some point, probably.
On the technical side I was banking too heavily on that short trend line that just broke. I really broke my own rule to sell that close to the money in this market. Spilled milk now. Interesting though, the closing price today was 2 cents above the intraday low on Feb 7th which was the the low of Feb. My next hope for support (aside from hoping this dip was a one day deal) is 60. FWLT could retest the Jan intraday low down to 55, but doubt (aka hope) it will. Earnings are over and it’s just macro economic fear pushing it down now.

]]> By: Options Strategery http://mytradersjournal.com/stock-options/2008/03/05/getting-in-deeper-on-fwlt/#comment-2437 Options Strategery Fri, 07 Mar 2008 21:16:38 +0000 http://mytradersjournal.com/stock-options/2008/03/05/getting-in-deeper-on-fwlt/#comment-2437 @1 - Are you thinking of FSLR? FWLT through the support at 65 on slightly heavy volume. Be careful. It was weak throughout the day even as the S&P fought off the ugly job numbers. @1 – Are you thinking of FSLR?

FWLT through the support at 65 on slightly heavy volume. Be careful. It was weak throughout the day even as the S&P fought off the ugly job numbers.

]]> By: Alex Fotopoulos http://mytradersjournal.com/stock-options/2008/03/05/getting-in-deeper-on-fwlt/#comment-2432 Alex Fotopoulos Fri, 07 Mar 2008 04:18:15 +0000 http://mytradersjournal.com/stock-options/2008/03/05/getting-in-deeper-on-fwlt/#comment-2432 FWLT is not a solar stock. FWLT is not a solar stock.

]]> By: joe http://mytradersjournal.com/stock-options/2008/03/05/getting-in-deeper-on-fwlt/#comment-2427 joe Fri, 07 Mar 2008 01:29:37 +0000 http://mytradersjournal.com/stock-options/2008/03/05/getting-in-deeper-on-fwlt/#comment-2427 these solar stocks are in the dump stage of pump-and-dump . if not now, they will be as the s&p breaks support at 1310. I'd go with writing uncovered calls. uncovered puts? i don't get it. these solar stocks are in the dump stage of pump-and-dump . if not now, they will be as the s&p breaks support at 1310. I’d go with writing uncovered calls. uncovered puts? i don’t get it.

]]>