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  1. #1
    Join Date
    Jan 1970
    Location
    New York, NY
    Posts
    191

    NOK

    Quote Originally Posted by Karin View Post
    Thanks for the advice Pascal. I keep second and triple guessing every decision I make and suspect evil manipulation behind every move the stock makes :-).
    Nokia now seems to be on its usual low volume sideways move that it mostly goes on after the European market closes. I guess I'll wait what tomorrow brings.
    if you like NOK sell some OCT $4 puts -- for 31ct.

    That's close to 8% return on risk for 51 days and 150% return on capital considering portfolio margin.
    Based on Pascal's reply this morning I sold quite some puts.

  2. #2
    Join Date
    Jun 2013
    Location
    Fort Lauderdale, FL
    Posts
    15
    Quote Originally Posted by ernsttanaka View Post
    if you like NOK sell some OCT $4 puts -- for 31ct.

    That's close to 8% return on risk for 51 days and 150% return on capital considering portfolio margin.
    Based on Pascal's reply this morning I sold quite some puts.
    Thanks for the tip. I'm still a beginner though and don't understand the option market well enough to dare trading options (bought a stock for the first time in my life last fall). Around option expiration day I check the max pain price for the stocks I hold but otherwise I'm fairly clueless and still have a lot to learn on that front.

  3. #3
    Quote Originally Posted by ernsttanaka View Post
    if you like NOK sell some OCT $4 puts -- for 31ct.

    That's close to 8% return on risk for 51 days and 150% return on capital considering portfolio margin.
    Based on Pascal's reply this morning I sold quite some puts.
    This is a good trading idea.
    Thank you for posting.


    Pascal

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