http://zachstocks.com/2008/03/neutral-tandem-tndm-supplydemand-imbalance/ Dynamic Investments for Exceptional Traders Mon, 26 Jul 2010 12:25:18 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://zachstocks.com/2008/03/neutral-tandem-tndm-supplydemand-imbalance/comment-page-1/#comment-4476 Alex-My Trader's Journal Mon, 31 Mar 2008 16:39:25 +0000 http://zachstocks.com/2008/03/neutral-tandem-tndm-supplydemand-imbalance/#comment-4476 I'm still nervous with it to the downside, thus the uncovered calls. I think you are right, I'll take my profits and run, assuming I make it 3 more weeks. I’m still nervous with it to the downside, thus the uncovered calls. I think you are right, I’ll take my profits and run, assuming I make it 3 more weeks.

]]> http://zachstocks.com/2008/03/neutral-tandem-tndm-supplydemand-imbalance/comment-page-1/#comment-4475 Zach Mon, 31 Mar 2008 12:23:41 +0000 http://zachstocks.com/2008/03/neutral-tandem-tndm-supplydemand-imbalance/#comment-4475 I would be a little nervous setting up a strangle on the position simply because it appears to be setting up a tight range and a break either higher or lower would likely move very quickly. Earnings revisions have come in lower for the most part so while they will definitely try to defend the $15 level, this may end up being difficult given the deteriorating environment. Still, I am bullish for the short-term so you may be able to get away with the strategy if you don't plan on rolling to May contracts. I would be a little nervous setting up a strangle on the position simply because it appears to be setting up a tight range and a break either higher or lower would likely move very quickly. Earnings revisions have come in lower for the most part so while they will definitely try to defend the $15 level, this may end up being difficult given the deteriorating environment. Still, I am bullish for the short-term so you may be able to get away with the strategy if you don’t plan on rolling to May contracts.

]]> http://zachstocks.com/2008/03/neutral-tandem-tndm-supplydemand-imbalance/comment-page-1/#comment-4474 Alex-My Trader's Journal Mon, 31 Mar 2008 12:14:44 +0000 http://zachstocks.com/2008/03/neutral-tandem-tndm-supplydemand-imbalance/#comment-4474 Unrelated to this post, but curious about your opinion on SFLY these days. We've debated it on our blogs a little and now I'm wondering if I should turn my short April 17.50 uncovered calls into a strangle with some April 15 naked puts added to my position based on your theory that 15 will be hard to break. Support has been very strong from 14.62 and up to 15. I'm trying to let my calls expire worthless. Unrelated to this post, but curious about your opinion on SFLY these days. We’ve debated it on our blogs a little and now I’m wondering if I should turn my short April 17.50 uncovered calls into a strangle with some April 15 naked puts added to my position based on your theory that 15 will be hard to break. Support has been very strong from 14.62 and up to 15. I’m trying to let my calls expire worthless.

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