Thursday, January 14, 2010

Good earnings from INTC

Good earnings news from tech bellwether INTC tonight. The stock isn't getting much of a boost in after-hours though, so it looks like most of the good news is already in the price.

My most recently entry was ill-timed. I could have gotten as much as 40% more premium on the SPY Feb 98 puts had I waited a day. As always, hindsight trading is easy, real time trading not so much. Once in a while a trader can get in a zone and seemingly have the Midas touch. The opposite seems more common, when every entry is greeted by a strong counter move, but that is likely my selective memory at work.

Long SPY, TLT

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