I would like to start a new weekly, or possibly nightly, segment called “Ask Rhino.” You can ask me anything, “what type of doilie do I use for a vase on an end table?” “How do I get my deadlift over 500lbs?” “How do I get and keep a consistent sight picture?” “What’s your favorite Danielle Steele character?” The possibilities are endless. We all know there’s no stupid questions, just complete morons. So go ‘head ask me.
Later I will talk about my progress in preparing to try out for the AFL and give you my quick picks for tomorrow.
ASK ME!!!!
18 Responses to “Ask Rhino”
Hideous fibs
How about a few ideas on how to trade a stock with upcoming earnings,
For us less learn-ed folks in the World of Options?
ex: ELRC earnings due Dec. 21
Company looks “ok” for now, no reason to expect a sick-sucking sound on the Mayans end of the World Holiday
SO,
With the stock price going into a slump at the moment , what would an Option Play be here without gambling off the kids toys?
Actually if anyone has a suggestion…
Rhino
I’ll get on it right after dinner.
Rhino
Are you expecting them to beat? I can’t find a lot of historical data on them.
Hideous fibs
basically..yes.
or at least match expectations that would be a slight increase
IF,
that happens then I expect price to travel back into the range, I don’t see why they are getting smacked around right now, so I’m assuming it’s the “natural flow” as flows go
Rhino
Most important right now is guidance. What is your opinion on that?
Testicules
“Guidance” is fine but I’m not expecting to find an imperfect person, I’m just looking for ways to apply an Option strategy on an earnings expectation.
I’m not commited to This stock just using as an example for now
redman59
If looking to play earnings in ELRC I would stand aside from options. Looking at the chains, they are illiquid w/wide spreads and 0 open interest, no edge at all. Common stock would be the way to go if you wanted to play the earnings.
I personally don’t play earnings w/common but if you do, look at your 1 day Rate of Change on those earnings announcements and look at your support and resistance levels on the chart and go from there planning for the worst. But overall I prefer earnings w/options (defined risk) using the weeklys and penny increment.
Rhino
Red has spoken.
UncleBuccs
Do you believe Osama was killed on May 2, 2011?
Rhino
Yes, 100%.
Cascadian
How do you get along with Hippos?
Rhino
Were mostly cool, I mean… they don’t really roll onto land, and I’m not really into the deep water. They don’t mess with me, and I won’t mess with them.
Patrick
Best diet/workout regimen for the new year? Best place to visit in California? Will the North Korean satellite trigger the Mayan apocalypse?
Rhino
I like Carb Back Loading as the diet, or Carb Nite. Workout depends on what you are trying to accomplish. Best place to visit, Santa Barbara is my favorite, but there are so many. I think that if those idiots had a working satellite, we would all know about it. I mean, I feel like they let everyone know when they install a light bulb or working toilet.
Rhino
Testicules. I like to find a stock that people think is going to beat, but from my research, shows that they should have bad guidance. then, as the date nears I would look to buy puts, that are out of the money, and should be cheap. Say $0.50, thus if it goes up to $2.00 say, you then get $1.50×100 per contract. Your risk is whatever the commission/carrying fee is plus $0.50×100, or $50.
Hideous fibs
ok, appreciate the feed back
I may just buy the stock out-right, it’s on my radar
Thanks again
Celeste
I *WOULD* like to know your favorite Danielle Steel character 🙂
Rhino
Uhhhhh, the dude with the long hair? Yeah, that guy.