Let's see 2.75 on 75.50 is 3.64% in three days or 443% per year.

 Sure, if there was 365 trading days in a year.

 FYI, I sold my 5 SEP $200 RIMM Calls earlier today at $17.80.

[quote=DAtoo]

Let’s see 2.75 on 75.50 is 3.64% in three days or 443% per year.

[quote=GoingIndy???] [quote=DAtoo]

Let's see 2.75 on 75.50 is 3.64% in three days or 443% per year.

[/quote]


With all the volatility in the market in the last three days, you only managed to make 3.64%.  Quite impressive.   Now I know you're working with about 15k. 
[/quote]

Let me see if I have this right.  This "financial adivsor" thinks that the percentage gain or loss is related to the amount of capital committed to the strategy?

As for the volatility--if he knew what he was talking about he would know that I entered a fully hedged position and as such it would have been impossible for me to take advantage of the volatility.

Can this group be any dumber?

Can this group be any dumber?

 Sure, just invite a friend to join us…Oh, sorry, I didn’t think that through. No offense at bringing up such a painful subject.

[quote=DAtoo][quote=GoingIndy???] [quote=DAtoo]

Let's see 2.75 on 75.50 is 3.64% in three days or 443% per year.

[/quote]


With all the volatility in the market in the last three days, you only managed to make 3.64%.  Quite impressive.   Now I know you're working with about 15k. 
[/quote]

Let me see if I have this right.  This "financial adivsor" thinks that the percentage gain or loss is related to the amount of capital committed to the strategy?

As for the volatility--if he knew what he was talking about he would know that I entered a fully hedged position and as such it would have been impossible for me to take advantage of the volatility.

Can this group be any dumber?

[quote=GoingIndy???] [quote=DAtoo][quote=GoingIndy???] [quote=DAtoo]

Let's see 2.75 on 75.50 is 3.64% in three days or 443% per year.

[/quote]


With all the volatility in the market in the last three days, you only managed to make 3.64%.  Quite impressive.   Now I know you're working with about 15k. 
[/quote]

Let me see if I have this right.  This "financial adivsor" thinks that the percentage gain or loss is related to the amount of capital committed to the strategy?

As for the volatility--if he knew what he was talking about he would know that I entered a fully hedged position and as such it would have been impossible for me to take advantage of the volatility.

Can this group be any dumber?

[/quote]

Where in the post did you mention hedged position?  If it's from another, I didn't see it.  This is the first I've logged in here in a few days.
[/quote]

Are you saying you put your mouth in gear while your brain was in neutral?

DAtoo, sometimes the mouth speaks and the brain sits back in the lazy boy.  Time for Sports Center. 

I do not trade RIMM very often but if anyone wants a copy of Jeff Kvaal's research report issued today, I have a copy. Jeff's with LEHman Brothers.

Question: for those of you who watch CNBC, what's Cramer got to say about Big Ben today?

[quote=ymh_ymh_ymh]

I do not trade RIMM very often but if anyone wants a copy of Jeff Kvaal's research report issued today, I have a copy. Jeff's with LEHman Brothers.

Question: for those of you who watch CNBC, what's Cramer got to say about Big Ben today?

[/quote]

Based on its action today I suppose the report is positive--what's his target price and time frame?

$250.00 6 month (end of year).

He's not the "ax" on this issuer, though. Some guy with Scotia is (can't remember his name). UBS has the same price target and reiterated it again today (Abramsky is the analyst there).

[quote=ymh_ymh_ymh]

I do not trade RIMM very often but if anyone wants a copy of Jeff Kvaal's research report issued today, I have a copy. Jeff's with LEHman Brothers.

Question: for those of you who watch CNBC, what's Cramer got to say about Big Ben today?

[/quote]

Cramer's the same emotional wreck on the subject of Big Ben as he's always been, just on the opposite side of the issue. The boy's a hysteric and drama queen.

I can't stand to watch CNBC anymore (even for 10 minutes).

I saw that You Tube clip someone posted over here on the rant he did a few weeks ago and absolutely lost it (laughing).