<p>Well…I traded nothing today. Zippo.</p>
<p>I bought kmp</p>
<p>I just looked up my current company’s policy, and it forbids short selling and all derivative trading that is based on the company stock. </p>
<p>So no options, straddles, etc. You can be terminated if you violate the policy. Well, your employment can be terminated.</p>
<p>Only exception is exercising company-granted options.</p>
<p>If you are covered by the restricted trading period, there are even more limitations.</p>
<p>I’m surprised all public companies don’t have similar restrictions on trading the company stock.</p>
<p>-sold UNH too soon and missed the earnings bump today
-started a position in ABT</p>
<p>Here is our company’s policies regarding insider trading:</p>
<p>What is inside information?
Inside information is any non-public information about … that is concrete and that might influence the share price if it were known. Examples of “inside information” could be:</p>
<p>financial results that have not yet been disclosed,
discussions you may overhear at lunch about the discontinuation of an important project for …,
information on a possible takeover by …,
a significant new invention or technological breakthrough you have heard of that … has made but not yet announced.
Not only may you not use this information to influence your decision to trade … securities, you also may not pass any inside information on to or recommend trading based on this information to others (friends, family members, etc.).</p>
<p>Our full insider trading policy is 4 pages long, and covers not only our stock but that of our competitors and business partners.</p>
<p>We are also forbidden from discussing anything about the company on public forums, because it could lead to disclosure of non-public information. So no tips from me. :)</p>
<p>Notrichenough…:)</p>
<p>Psychmom…my daughter used to work for UNH.</p>
<p>And now that she is gone…I am sure the company will eventually blow up. Lol.</p>
<p>Our insider trading is also a much longer document but most of it applies to the company board. I’m just a peon.</p>
<p>Tomorrow its time to sell puts for next week. This week I also sold aapl 560 puts for this week. I don’t think I want to take that chance next week however.</p>
<p>:)</p>
<p>You are long the 480 calls …short the 650 calls…and short the 550 puts…for next month Right? Oh yeah…and long the 590 puts.</p>
<p>Yes - and I will either close that position on Monday or Tuesday. I don’t have the kahunas to hold that after earnings on Tuesday. I don’t know if I can hold it through tomorrow. I’m about even right now. AAPL has been so volatile lately that I even get scared looking at the price. I may buy it back on Wednesday if it gets hit bad enough which may very well happen. I’m a bit nervous holding any position through AAPL’s earnings since I think if it drops, it will take most of the market with it.</p>
<p>I don’t like having big positions when earnings come out…</p>
<p>That is not really an issue these days. :)</p>
<p>A friend of mine likes trading earnings. I hate it.</p>
<p>Ge beat by a penny, some things never change…</p>
<p>:)…</p>
<p>Dstark:</p>
<p>Your “friend” Don Luskin, always the bull was on cnbc last night predicting it will go up another 10 - 15% from here.</p>
<p>Traders usually buy aapl before earnings and it always goes up. Sometimes it drops right after earnings. This quarter it is playing out very differently. The cnbc guys are all waiting until after earnings as I guess a lot of people are based on its behavior.</p>
<p>Watching Don Luskin causes me to have involuntary contractions in my gut.</p>
<p>So…I don’t watch him. I don’t watch the Kudlow Report. Kudlow pushes free markets…but to watch him beg for government support of the markets when the markets were doing poorly…I just can’t watch anymore.</p>
<p>I looked at doing an Aapl butterfly yesterday…a little gambling…but the bid/ask prices of the options were too wide for my taste…</p>
<p>Plus Schwab isn’t set up to do butterflies. I would have to leg it…and the way AAPL is moving …I can see ending up completing part of the butterfly…but not the whole thing…giving me a position I don’t want…and then I would be chasing the part of the spread that I didn’t complete.</p>
<p>I haven’t used that option company they bought. I have a lot of difficulty handling options with schwab. For me etrade, is much easier to use. It is easier to see how the option prices are moving when you’re putting in the order, it lists the midpoint for spreads etc. </p>
<p>I like Kudlow especially when he has that little guy from the Clinton administration - Reich and some guy from the wall street journal. I sense a lot of what he does is tongue in cheek.</p>
<p>I like Reich…probably not a surprise…and I can stomach Stephen Moore…if that is who you are talking about…even though Moore is a shill.</p>
<p>How much does E-Trade charge for options? Do you ever get better fills than the screen quotes. </p>
<p>I haven’t used option express yet either…</p>
<p>Ok…I looked it up…I like Schwab’s pricing better for options…it’s close…</p>
<p>On first look…the assignment costs look cheaper at Schwab…</p>
<p>Yes I get better fills - etrade is a 1.00 more but its worth it to me. Schwab is much clunkier to use.</p>
<p>Ok…thanks…</p>
<p>I am doing something risky…but very small…</p>
<p>I bought 1 Aapl 645 call and sold 2 aapl 670 calls for a 0.60 credit…</p>
<p>And I am going to do it one more time if the price is right…</p>
<p>I lose if AAPL goes above 695.45 because of commission costs…</p>
<p>This is not investing…</p>
<p>The calls expire in one week.</p>
<p>I can afford to do this trade easily…</p>
<p>And I may take it off early…</p>