Wk20: Watchlist

15 May

News announcements for the week ahead can be found here. These are the stocks we are watching for next week 5/16/2010…
Longs: ABX, AUY, CELG, EMC, GG, NEM, SLV, SLW, UNH
Shorts: FXE, GS, LVS, WLP
Given that next week is Options Expiry we will be looking to buy June Calls/Puts on these names. We would like to balance the delta on the portfolio and we are looking at ITM options with approx 70% intrinsic value. Here is a demo of the TOS options tab that describes how to go about this.

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