bidu: spread of 125-130 is still a good trade. bidu has never fallen and stayed below 130 since March. A put spread of 125-130 gives $1.15/sh; 120-125 of $0.44. 120-125 is a much safer and yet still profitable trade.
nflx: a spread of 250-255 = $0.28. Not bad.
slw: sma 200 is 34.14. SLW has never even touched sma 200 in the past 2 years. A spread of 33-34 should be safe. As of Friday, 33-34 put spread provides $0.18/sh.
pcln: a spread of 480-485 gives $0.475, a pretty attractive trade. pcln has not fallen below 485 since March.
v: a spread of 72.5-75 = $.285/sh. A very good candidate, if you can get the order filled.
About admin
Richard Cheng, M.D., Ph.D., is an avid Wall Street investor with 20+ years of investing experience. He is specially adept at observing the world to find the patterns and then design strategies to win his battle. Most, if not all, happenings in the world, follow certain patterns. These patterns may be complex, multi-factorial, not so intuitive at the first glance, or even may appear chaotic. However, even chaos has its own patterns. If you pay attention and be patient, you'll find them and then you will gain an upper hand in your battle. Using this blog space, he documents his trades and his thoughts as they happen. He uses this blog as a a notebook to help him better refine his strategies. Hopefully this will help you as well. Good luck in your trading.
