PeakTrader.com

[administrator]

Fri: Top Buys KBH DHI SMH EBAY DOW IMGN Top Sells SPY

Primary Trades:

SPY Sep or Dec puts are buys on market bounces to hedge calls and for long-term trades.

KBH Aug 45 calls and DHI Aug 22.5 calls are buys on pullbacks.

Secondary Trades:

SMH Aug 30 calls are buys on pullbacks. SMH may rise to Jul Max Pain point at 32.5 or 35. EBAY Aug 27.5 calls are buys. EBAY Jul Max Pain is 30 and may be an excellent volatile trading stock. DOW Sep 40 calls are best, because of huge potential leverage. IMGN closed at 3.01, has $2 a share in cash and zero debt.

------------------------------------------------------------------------------------

Primary Trade: An intermediate or long term trade. Timing can be off substantially. Volatility not a factor. Risk is low to moderate. Potential return is often moderate.

Secondary Trade: A short term trade. Timing must be accurate or volatility must be high. Risk is high. Potential return is high.

Secondary Trades should be generally avoided, although considered. Note: If Secondary Trades are taken, they may affect Primary Trades.