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Wed: Buys None Sells SPX SPY OIH GOOG

 
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PostPosted: Tue Jan 10, 2006 9:26 pm    Post subject: Wed: Buys None Sells SPX SPY OIH GOOG Reply with quote

Wed: Top Buys None Top Sells SPX SPY OIH GOOG

Today, SPX generally fell, or was flat, while OIH rose sharply. So, it may be best to buy SPX puts with OIH puts, in case only one falls. SPX Jan puts may be buys on market bounces for quick trades, while SPY Feb or later puts are buys for longer-term trades. GOOG reports earnings Jan 31st, and often falls into earnings. Also, GOOG's option's implied volatilities always fall sharply after earnings (even with a big rise or fall in the stock price).
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