Is this a long term hold or day trade? If its longer term 5% shouldn't be that big of a deal. I'm in the same boat with CHK and CENX.This is where I need some help/advice.I wanted to enter into UNG carefully so I only bought into 400 shares. Now we have a large bump in one afternoon. Do I dollar cost up from here to build the posistion to get to the 1000 shares that I wanted? Or do I just hold what I have already for the rest of the ride?
What I'd do is this:Write the June 15 put...for $.65. 6 contracts.So you'll get a credit for $390. If UNG is below 15 next Friday the stock is yours at a cost basis of $14.35. If not you lowered the cost basis of your entry on the 400 owned shares.This is where I need some help/advice.I wanted to enter into UNG carefully so I only bought into 400 shares. Now we have a large bump in one afternoon. Do I dollar cost up from here to build the posistion to get to the 1000 shares that I wanted? Or do I just hold what I have already for the rest of the ride?
Hey Siffoin. I was wondering if you could think of any good option strategies for those of us with some sort of trading restriction. For instance, I can buy calls and puts, or write covered calls, but I can't write puts (even if secured with the intention of going long).What I'd do is this:Write the June 15 put...for $.65. 6 contracts.So you'll get a credit for $390. If UNG is below 15 next Friday the stock is yours at a cost basis of $14.35. If not you lowered the cost basis of your entry on the 400 owned shares.This is where I need some help/advice.I wanted to enter into UNG carefully so I only bought into 400 shares. Now we have a large bump in one afternoon. Do I dollar cost up from here to build the posistion to get to the 1000 shares that I wanted? Or do I just hold what I have already for the rest of the ride?
Late to the party, but this is a LONG journey upward. Good luck.just bought 1000 shares of CENX for $7.68...on the train with you guys now
BigWhat I'd do is this:Write the June 15 put...for $.65. 6 contracts.So you'll get a credit for $390. If UNG is below 15 next Friday the stock is yours at a cost basis of $14.35. If not you lowered the cost basis of your entry on the 400 owned shares.This is where I need some help/advice.I wanted to enter into UNG carefully so I only bought into 400 shares. Now we have a large bump in one afternoon. Do I dollar cost up from here to build the posistion to get to the 1000 shares that I wanted? Or do I just hold what I have already for the rest of the ride?
  to sif for explaining the synthetic stock play with UNG. Great for someone like me who doesn't have Dodds like money to invest.LOL. I have played it pretty safe here actually. I am tempted to get deeper in to UNG and Aluminum, but I still fear a market correction that could possibly topple everything. And if that market correction comes, I also want all my cash working for me here. I am still very happy with how Natural Gas and Aluminum plays have gone here though.This is one of those days I wish I had DoddsCash™ in my account, because I'd be in huge on these CHK options and CENX and be making Moatloads™.
Well with options...you have options. If you can dream it up it can be done...you just have to be creative...that being said you have to have full access.I don't understand why you get to write calls but not puts. Are you allowed to short stock? What if you wanted to put on a cashless collar on the stock owned ?In the end...why not change brokers. If you make your own trades...and do so electronically...then go with ThinkorSwim...the company was created by option traders...what they offer is flat out amazing.In the end - in this day and age - every investor should have the capability to capitalize on every potential investment strategy and investment vehicle available. Stocks, bonds, options, forex, futures, eminis. And entering the trades should be cheap...like under $3 for an option contract. If yours doesn't switch brokers.ThinkorSwim is great in all they offer to the average investor. I use them and Interactivebrokers and have for years.Hey Siffoin. I was wondering if you could think of any good option strategies for those of us with some sort of trading restriction. For instance, I can buy calls and puts, or write covered calls, but I can't write puts (even if secured with the intention of going long).What I'd do is this:Write the June 15 put...for $.65. 6 contracts.So you'll get a credit for $390. If UNG is below 15 next Friday the stock is yours at a cost basis of $14.35. If not you lowered the cost basis of your entry on the 400 owned shares.This is where I need some help/advice.I wanted to enter into UNG carefully so I only bought into 400 shares. Now we have a large bump in one afternoon. Do I dollar cost up from here to build the posistion to get to the 1000 shares that I wanted? Or do I just hold what I have already for the rest of the ride?
Added another 2160 at $4.79So 3160 DXO at $4.60In for 1000 DXO at $4.18
Making a bid on this house....No moat, but definitely will do for my daughter and I
Paragon Estates
Built in 2006
Never lived in
2867 sqft, yet just 3 bedrooms (has a nice great room)
1.3 acres
Foothills of Northern California (Foresthill, CA)
  You deserve it for everything you have helped us out in!!Nice.Making a bid on this house....No moat, but definitely will do for my daughter and I
Paragon Estates
Built in 2006
Never lived in
2867 sqft, yet just 3 bedrooms (has a nice great room)
1.3 acres
Foothills of Northern California (Foresthill, CA)
 I was comped a 3 year subscription a few years back.  How do I check to see how much longer I have?Yes. I was thinking of addressing this topic specifically and ideas on how to prepare for it in the stock market crashing thread. I'm hesitant at least until the daily chart rolls over.David Dodds said:LOL. I have played it pretty safe here actually. I am tempted to get deeper in to UNG and Aluminum, but I still fear a market correction that could possibly topple everything. And if that market correction comes, I also want all my cash working for me here. I am still very happy with how Natural Gas and Aluminum plays have gone here though.Otis said:This is one of those days I wish I had DoddsCash™ in my account, because I'd be in huge on these CHK options and CENX and be making Moatloads™.
just email Clayton (gray@footballguys.com)Bob,I see you loading up higher on oil. Compare the oil, natural gas and aluminum charts. Do you really see a lot more to squeeze out of oil?I was comped a 3 year subscription a few years back. How do I check to see how much longer I have?
I am sitting on all of that....CHK 24.51 +0.59 (2.47%)
CENX 7.81 +0.84 (12.05%)
UNG 15.00 +0.96 (6.84%)
Gonna fly past 2.80 methinks.Geez before I hit submit it was 2.90something is happening with HEB.....If it gets in the $2.80's I might sell.
what's the move Jene? Dump some?2pm HEB move like clockwork.
I don't know what to do either. Let me ask my financial advisor.David Dodds, what should I do?wow. I have 5,000 shares of this thing at 2.34 too. I have no idea what to do here
I don't know what to do either. Let me ask my financial advisor.David Dodds, what should I do?wow. I have 5,000 shares of this thing at 2.34 too. I have no idea what to do here

I am going to follow Jene's lead here and put in a sell of 1/2 of it at 2.80I don't know what to do either. Let me ask my financial advisor.David Dodds, what should I do?wow. I have 5,000 shares of this thing at 2.34 too. I have no idea what to do here
Stop losses seem silly with this one, but when it goes I set one for 1/2 position very tightly and let the rest ride. Then I'm at the ready with a market order, executing after it starts coming back up off the bottom when the MM take over.Worked so far, but it's harder than hell to time this one on either side. I've missed extended runs and bought back too early. And I've hit it perfect a few times.It's a freaking crazy ride.what's the move Jene? Dump some?2pm HEB move like clockwork.
Yep, and no orders larger than 5k....to 2.92on level ii the sell orders are gapped right now: 2.75, 2.79, 2.82, 2.85....it's going higher
My new favorite word....Moatloads.I love it.
  My legal team has asked me to be sure we TM all these.I think so.just email Clayton (gray@footballguys.com)Bob,I see you loading up higher on oil. Compare the oil, natural gas and aluminum charts. Do you really see a lot more to squeeze out of oil?I was comped a 3 year subscription a few years back. How do I check to see how much longer I have?
   It looks like China & India are going to, or are, coming out of this much faster than the U.S.  Plus this looks eerily familiar to the run up last year. I don't know.  I didn't think it would be going this high this fast.I'll be watching closely but my tentative plan is to sell in early August and buy UNG.You might be right, but it's hard getting excited about sponges (especially a Sponge Bob one). I am going to pass.Guys, I don't know if this SPNG train is going to derail, or keep chugging upwards to $1, but this stock is pushing 25 cents. I'm not a pumper by any means – I just think this thing may be for real. This company does not appear to be a scam, they actually sell products you can buy on amazon.com. They appear to be growing nicely and getting good distribution channels (Costco, MLB, etc)
You might need a few thousand to soak up any moat spillage. Don't close the door on this one so soon.You might be right, but it's hard getting excited about sponges (especially a Sponge Bob one). I am going to pass.Guys, I don't know if this SPNG train is going to derail, or keep chugging upwards to $1, but this stock is pushing 25 cents. I'm not a pumper by any means – I just think this thing may be for real. This company does not appear to be a scam, they actually sell products you can buy on amazon.com. They appear to be growing nicely and getting good distribution channels (Costco, MLB, etc)