Interesting news today with the merger of Zillow and Trulia (TRLA):
The combination of companies is still showing zero profits.
Either way, a free gift of a rally here has Zillow stretched beyond "trend" so I would suggest walking away or writing calls for as long as possible "AT THE MONEY" to capture as much premium as possible.
1 year call premiums might be 20% for at the money options and I think that is a decent return.
Cheers.
Tim 4:17PM EST 7/24/2014 145.76 last
The combination of companies is still showing zero profits.
Either way, a free gift of a rally here has Zillow stretched beyond "trend" so I would suggest walking away or writing calls for as long as possible "AT THE MONEY" to capture as much premium as possible.
1 year call premiums might be 20% for at the money options and I think that is a decent return.
Cheers.
Tim 4:17PM EST 7/24/2014 145.76 last
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Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.