BuyOnTheDip.com ~ Trading Stocks and Options!: Winner, Winner, Chicken Dinner! ~ ConocoPhillips (Public, NYSE:COP)

Wednesday, July 30, 2008

Unusual Options Activity pays!

The AUGUST 80's

COPHP +3.06 (+130.77%)

.... and Diamond (DO) up 4.52% today, 120 call options up 115%!!! (some profits taken, this is 2008)

BUY ON THE DIP said...: p.s.

Parker (PH) reports before the open tomorrow.

go team!; July 30, 2008 at 3:37 PM
Anonymous said...: damn dude, 130% , nice!; July 30, 2008 at 3:56 PM
Anonymous said...: how many contracts are you guys buying??; July 30, 2008 at 4:35 PM
Anonymous said...: grats on the 130%

did you mean to take profits right now on HK?

got in yesterday and still holding it today; July 30, 2008 at 6:16 PM
BUY ON THE DIP said...: we own too much HK, in at $14,$24,$35...and most recently $29ish....and we won't sell until Floyd sells the company.

And thanks fellas.

p.s. On COP, we bought 10 Monday. 10 Tuesday. And sold 10 today. Holding 10.; July 30, 2008 at 7:09 PM
Anonymous said...: when do you think floyd will sell .

and how much; July 30, 2008 at 8:52 PM
BUY ON THE DIP said...: hello Sara,

we're not sure.

and

$40+; July 30, 2008 at 9:40 PM
Anonymous said...: Rehan Rashid, Energy Analyst at FBR Capital Markets, highlighted the natural gas industry in Barron’s today and laid out his stock picks:

He would BUY:
companies seeing increasing associated cash flows ( Devon Energy (DVN), Southwestern Energy (SWN), Range Resources (RRC) and Newfield Exploration (NFX); and Petrohawk Energy (HK)) could be a takeover candidate.; July 30, 2008 at 9:56 PM