One word of advice, if you wanna get bearish on these...don't hold your options overnight....else this is going to turn bullish as we head into OpEx. Usually I do not advice people to hold options for more than 2 days if there is no trend.
Thursday, July 23, 2009
Trading Plan for Thursday (July 2009)
SLB, DO are reporting earnings within these two days. So I will continue to watch OIH and in particular RIG and SLB.
One word of advice, if you wanna get bearish on these...don't hold your options overnight....else this is going to turn bullish as we head into OpEx. Usually I do not advice people to hold options for more than 2 days if there is no trend.
One word of advice, if you wanna get bearish on these...don't hold your options overnight....else this is going to turn bullish as we head into OpEx. Usually I do not advice people to hold options for more than 2 days if there is no trend.
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