Gmail Giveaway
For the 56 people in the entire universe that doesn't yet have Gmail and want one, we are going to give it to you! Yes, you lucky duck. Just E-mail me at ijimmy@gmail.com with the subject "Bobas rules! Gimme my damn Gmail!".
Around the Web - Japanese Sleeps Anywhere, Next Nintendo and Xbox Names
Japanese Suits Sleep Everywhere {via Metafilter} I love how Japanese businessmen can just sleep anywhere in their suits. Why not?
Next Nintendo Called Revolution {via Gamespot} Probably. Yay.
Next Xbox Called 360 {via Engadget} Probably. Yay.
Next Nintendo Called Revolution {via Gamespot} Probably. Yay.
Next Xbox Called 360 {via Engadget} Probably. Yay.
Eazy Quickie - AMZN: FEB 42.5 PUT
Event: AMZN misses earning badly
Stock: AMZN
02/02 Price: $41.88
02/03 Price: $35.75
Option: Feb 42.5 Put
02/02 Price: $2.60
02/03 Price: $6.70
Equity % = 0.62/2.60 = 23.8%
Buy 6 contracts at 02/02 close for $1560.
Sell 6 contracts at 02/03 close for $4020.
Your profit = $2460.
Your ROI = 158%
20/20 hindsight ROCKS!
Buying only calls/puts that are "in the money" with budget of ~ $1500.
Assuming you make the RIGHT call. For more information on making the right call, please email GOD!
Stock: AMZN
02/02 Price: $41.88
02/03 Price: $35.75
Option: Feb 42.5 Put
02/02 Price: $2.60
02/03 Price: $6.70
Equity % = 0.62/2.60 = 23.8%
Buy 6 contracts at 02/02 close for $1560.
Sell 6 contracts at 02/03 close for $4020.
Your profit = $2460.
Your ROI = 158%
20/20 hindsight ROCKS!
Buying only calls/puts that are "in the money" with budget of ~ $1500.
Assuming you make the RIGHT call. For more information on making the right call, please email GOD!
Eazy Money - In Denial
2 for 2 BABY!
SNDA jumped $5. Could've doubled my money had I bought the Feb40. These Chinese keep proving their doubters wrong. I didn't buy it because I was concerned the potential upside has already been priced into the recent valuation.
ASKJ beat their estimates (35c vs. 32c) but the shares dropped $1.30. I hope its not because they missed their rev target (86.1M vs. 86.7M).
MXO went up 4% after posting some losses - although it is unknown why anyone would actually own this stock.
Updated 02:45PM
No...........
It was bound to happen -- AAPL finally went down!!! This must be a technical error!
As long as we don't go below Tuesday's close, I will be happy. The stock is currently down $1.70. Maybe investors are threatened by the Nap?
URBN is making some noise this morning. Stock is up $1.00 to $42.40, but it still sits below my strike price of $45. The 13% growth last month fell just shy of the estimated 13.7%.
AMZN is getting hammered (and rightfully so), down more than $7. I don't know how long they can last in the ultra competitive online retailing. They need some new ideas.
We got two exciting earnings tonight, one from the Chinese online gamer SNDA and Google's cousin, ASKJ. I would bet on both to beat their estimates.
I will be adding a new section called "Eazy Quickie" because, we can ALL use a quickie sometimes. In my case, I need it everyday!
This section will highlight one stock option that has doubled overnight. With a budget of $1500 (thanks Jimmy) we will try to double our money, with our excellent hindsight.
Updated 11:10AM
SNDA jumped $5. Could've doubled my money had I bought the Feb40. These Chinese keep proving their doubters wrong. I didn't buy it because I was concerned the potential upside has already been priced into the recent valuation.
ASKJ beat their estimates (35c vs. 32c) but the shares dropped $1.30. I hope its not because they missed their rev target (86.1M vs. 86.7M).
MXO went up 4% after posting some losses - although it is unknown why anyone would actually own this stock.
Updated 02:45PM
No...........
It was bound to happen -- AAPL finally went down!!! This must be a technical error!
As long as we don't go below Tuesday's close, I will be happy. The stock is currently down $1.70. Maybe investors are threatened by the Nap?
URBN is making some noise this morning. Stock is up $1.00 to $42.40, but it still sits below my strike price of $45. The 13% growth last month fell just shy of the estimated 13.7%.
AMZN is getting hammered (and rightfully so), down more than $7. I don't know how long they can last in the ultra competitive online retailing. They need some new ideas.
We got two exciting earnings tonight, one from the Chinese online gamer SNDA and Google's cousin, ASKJ. I would bet on both to beat their estimates.
I will be adding a new section called "Eazy Quickie" because, we can ALL use a quickie sometimes. In my case, I need it everyday!
This section will highlight one stock option that has doubled overnight. With a budget of $1500 (thanks Jimmy) we will try to double our money, with our excellent hindsight.
Updated 11:10AM
Around the Web - PSP Release, Wynn in Vegas and Cell Phone Help
Sony PSP Out March 24th {via Slashdot -> Yahoo!}
Wynn Las Vegas Opens April 28 {Gridskipper}
Honey, what? Can't hear you, losing signal {via Lifehacker -> boingboing} For those times when you're trying to cheat on your girlfriend/spouse and they happen to call you, use the sound insertion services to generate a busy office environment. Really though, I'd just use it to get off the phone with the tons of hot girls that call me all day long. There's only so much of me to go around.
For the first one million PSP Value Packs shipped, a special UMD video release of the feature film Spider-Man(TM) 2 from Sony Pictures Entertainment.My inner geekness just had a geekgasm™(My word! Steal it and I'll sue).
Wynn Las Vegas Opens April 28 {Gridskipper}
Honey, what? Can't hear you, losing signal {via Lifehacker -> boingboing} For those times when you're trying to cheat on your girlfriend/spouse and they happen to call you, use the sound insertion services to generate a busy office environment. Really though, I'd just use it to get off the phone with the tons of hot girls that call me all day long. There's only so much of me to go around.
Around the Web - Mac Mini Hater, PSP vs DS, and Britney Nude
Mac Mini Review: Not Good Value {via Metafilter, satire} A different point of view, someone who doesn't like the Mac Mini. But wait, why?
Sony PSP vs Nintendo DS: Pornability {via Way of the Rodent} This may be the first real important comparison between the two systems.
Britney Spears Nude on Balcony {via The Superficial, NSFW} As opposed to, naked inside her clothes.
If you believe Apple’s marketing department, the new Mini is “smaller than most packs of gum” and weighs “less than four quarters”... Hold a Mini in one hand and four quarters in the other and tell me which one feels heavier.
I could get a Mac mini computer for $499... or I could grab an equally stylish, full-featured eMachine at the gas station with a bag of chips for less than half the Mini's price.
There is no Mac version of WeatherBug to check the temperature anywhere in the world. Nor is there a Mac version of helpful web and email enhancers like Hotbar. Or any equivalent of the DealHelper software I use to keep track of my passwords.
Sony PSP vs Nintendo DS: Pornability {via Way of the Rodent} This may be the first real important comparison between the two systems.
Britney Spears Nude on Balcony {via The Superficial, NSFW} As opposed to, naked inside her clothes.
Eazy Money - Google Shines
So much expecation, so little performance
AMZN missed its earnings pretty bad and the stock is paying for it after hours - down 13%. I was expecting it to miss a little, but it was worse than a Shaq free throw attempt (35c vs. 40c). Revenue actually beat the estimates (254B vs. 242B). I did check out the Feb40 puts, but decide against it. Would've been up at least 100%!
SBUX came out with a disappointing 7% increase in same store sales for Jan, which fell way short of expectiation (last Jan: 12%, avg monthly increase: 10.5%). This isn't the first time SBUX has failed to impress (8% last August). I'd be scared to own this stock at such high PE multiples. The stock is WAYYYY off from its 52 week high of $65.
Updated 02:10PM
What Fed meeting?
As expected, he Feds raised the short term rate another quarter point today. Market dropped a bit, pushing the SP and Nazz into the reds, before making a strong and encouraging comeback at close. The lack of action almost put me to sleep (it's definitely not my work)
AAPL continues to flirt with the $80 barrier, going as high as $79.90 before settling at around $79.55. I remained very bullish on AAPL and will wait for it to break $80 before making any moves. The Feb75 call is now up to $5.50! GOOG closed "only" up $14, after being up as much as $24.
WOW, AMZN really stunk it up AGAIN. Drop it like it's hot!
Updated 01:20PM
Google will now search... your garage???
Don't laugh, stranger things have happened.
- some famous philosopher
Ok, you got me, that quote belongs to me. I was RIGHT on picking GOOG to beat estimates. I even went so far to say that I would buy the Feb 200 calls because I felt it was unlikely to see a +/- swing. My PROOF. I ended up not buying any since most of my money is in this other company named Apple.
Well as it turns out, we got the $20 swing, probably due to short squeezes and lots of upgrades. Here is a rundown on how the different calls fare:
Feb 200 call - $6.20 --> $15.20 -- HI = $20.00
Feb 210 call - $3.60 --> $8.70 -- HI = $13.50
Feb 220 call - $1.80 --> $4.00 -- HI = $7.80
Feb 230 call - $0.85 --> $1.70 -- HI = $4.40
Feb 240 call - $0.50 --> $0.65 -- HI = $2.55
At this point, Feb200 stands out as the best ROI with a 145% gain. However, if you had a crystal ball and sold at today's peak, the 230/240 calls would've yielded 400% compared to only 233% for Feb200.
Clearly, in order to maximize the ROI, you must be right on both the direction of the stock AND the amount of moment. Unfortunately, for most of us, the second part is irrelevant more often than we like.
The market is acting like a lazy gorilla. With the Fed's decision coming up at 11:15AM, we are unlikely to see any major movements. GOOG and YHOO have retreated a little bit since running up early morning. Google's world domination partner AAPL has joined the fun and is flirting with the $80 mark. If it breaks the $80 mark, I will sell my Feb75 calls to buy some Feb80 or Mar80 calls to maintain my exposure to AAPL.
Updated 09:30AM
AMZN missed its earnings pretty bad and the stock is paying for it after hours - down 13%. I was expecting it to miss a little, but it was worse than a Shaq free throw attempt (35c vs. 40c). Revenue actually beat the estimates (254B vs. 242B). I did check out the Feb40 puts, but decide against it. Would've been up at least 100%!
SBUX came out with a disappointing 7% increase in same store sales for Jan, which fell way short of expectiation (last Jan: 12%, avg monthly increase: 10.5%). This isn't the first time SBUX has failed to impress (8% last August). I'd be scared to own this stock at such high PE multiples. The stock is WAYYYY off from its 52 week high of $65.
Updated 02:10PM
What Fed meeting?
As expected, he Feds raised the short term rate another quarter point today. Market dropped a bit, pushing the SP and Nazz into the reds, before making a strong and encouraging comeback at close. The lack of action almost put me to sleep (it's definitely not my work)
AAPL continues to flirt with the $80 barrier, going as high as $79.90 before settling at around $79.55. I remained very bullish on AAPL and will wait for it to break $80 before making any moves. The Feb75 call is now up to $5.50! GOOG closed "only" up $14, after being up as much as $24.
WOW, AMZN really stunk it up AGAIN. Drop it like it's hot!
Updated 01:20PM
Google will now search... your garage???
Don't laugh, stranger things have happened.
the only thing that sucks about being right is not benefiting from being right
- some famous philosopher
Ok, you got me, that quote belongs to me. I was RIGHT on picking GOOG to beat estimates. I even went so far to say that I would buy the Feb 200 calls because I felt it was unlikely to see a +/- swing. My PROOF. I ended up not buying any since most of my money is in this other company named Apple.
Well as it turns out, we got the $20 swing, probably due to short squeezes and lots of upgrades. Here is a rundown on how the different calls fare:
Feb 200 call - $6.20 --> $15.20 -- HI = $20.00
Feb 210 call - $3.60 --> $8.70 -- HI = $13.50
Feb 220 call - $1.80 --> $4.00 -- HI = $7.80
Feb 230 call - $0.85 --> $1.70 -- HI = $4.40
Feb 240 call - $0.50 --> $0.65 -- HI = $2.55
At this point, Feb200 stands out as the best ROI with a 145% gain. However, if you had a crystal ball and sold at today's peak, the 230/240 calls would've yielded 400% compared to only 233% for Feb200.
Clearly, in order to maximize the ROI, you must be right on both the direction of the stock AND the amount of moment. Unfortunately, for most of us, the second part is irrelevant more often than we like.
The market is acting like a lazy gorilla. With the Fed's decision coming up at 11:15AM, we are unlikely to see any major movements. GOOG and YHOO have retreated a little bit since running up early morning. Google's world domination partner AAPL has joined the fun and is flirting with the $80 mark. If it breaks the $80 mark, I will sell my Feb75 calls to buy some Feb80 or Mar80 calls to maintain my exposure to AAPL.
Updated 09:30AM
Around the Web - Mep Ball, People I Hate, and MS Loves Apple
Updated: 2/2/05 3:42 PM
Mep Ball {via anticlown, flash} Waste a little time at work and play this keep-the-ball-in-the-air-and-score game.
Cellphone Drivers are Bastards {via Slashdot} They beat me to it, for I was about to write a 30-page essay on why people who drive and talk on the phone should be subjected to great pain. Why is it that when a car makes a major mistake and almost crashes into me almost always involves a person talking on the phone or a chick, or worse, a chick talking on the phone? To be fair, there have been guys who almost crashed into me that weren't on the phone. Just not as often.
Microsoft Employees Hearts Apple iPods {via Wired} It's like your girlfriend surfing my site at your house. Heh, that was so not even a good analogy.
How to Kill Your Coworker. This Too {via Metafilter} I didn't post this yesterday because I didn't feel the need to, but my coworker is getting so annoying that I am posting this to discourage him from throwing more nerf darts at me.
Mep Ball {via anticlown, flash} Waste a little time at work and play this keep-the-ball-in-the-air-and-score game.
Cellphone Drivers are Bastards {via Slashdot} They beat me to it, for I was about to write a 30-page essay on why people who drive and talk on the phone should be subjected to great pain. Why is it that when a car makes a major mistake and almost crashes into me almost always involves a person talking on the phone or a chick, or worse, a chick talking on the phone? To be fair, there have been guys who almost crashed into me that weren't on the phone. Just not as often.
A report from the University of Utah says when motorists between 18 and 25 talk on cell phones, they drive like elderly people moving and reacting more slowly and increasing their risk of accidents.
Microsoft Employees Hearts Apple iPods {via Wired} It's like your girlfriend surfing my site at your house. Heh, that was so not even a good analogy.
To the growing frustration and annoyance of Microsoft's management, Apple Computer's iPod is wildly popular among Microsoft's workers.
How to Kill Your Coworker. This Too {via Metafilter} I didn't post this yesterday because I didn't feel the need to, but my coworker is getting so annoying that I am posting this to discourage him from throwing more nerf darts at me.
Around the Web - Jessica Simpson, PSP, and Rudy T
Updated: 2/1/05 5:50 PM
Tech
Another Sony PSP Review {via The Register} They loved it. And so will I.
The New MSN Search {via MSN, duh} You can ask it questions instead of putting in keywords, such as, "how can I make it longer?" Hehe, worth a try.
Google Suggests! {via Google} Sticking with the Google theme featured prominently by Eazy-Ive today, they have a new search that suggests words while you're typing in keywords to search. What will they think of next? Hmm, type some words and see!
LOL
Asian Tatoo Artest Lies About Tats, Again {SATIRE via Souf Oaklin Online} Cool white people, think again before getting that Chinese or Japanese word tatooed for life. Make sure it doesn't say "I Swallow."
Scoring with the Cheerleader {via Anticlown, video} Totally fake, but pretty damn cool.
Quote of the Day {via DavidKwon.com}
Sports
Rudy T Rumored to Quit Tonight {via espn} I've been telling people in my office and their response... "Rudy who?"
Celebs
Jessica Simpson Photos {via All The Pink} On the set of the new Dukes of Hazzard movie. I'm sorry, I lost my train of thought.
Jennifer Garner Photos {via The Superficial} At the Golden Globes. She's sort of like sashimi... an acquired taste that you either really love or really hate. There's really no in-betweener's with Bennifer.
Tech
Another Sony PSP Review {via The Register} They loved it. And so will I.
The New MSN Search {via MSN, duh} You can ask it questions instead of putting in keywords, such as, "how can I make it longer?" Hehe, worth a try.
Google Suggests! {via Google} Sticking with the Google theme featured prominently by Eazy-Ive today, they have a new search that suggests words while you're typing in keywords to search. What will they think of next? Hmm, type some words and see!
LOL
Asian Tatoo Artest Lies About Tats, Again {SATIRE via Souf Oaklin Online} Cool white people, think again before getting that Chinese or Japanese word tatooed for life. Make sure it doesn't say "I Swallow."
Scoring with the Cheerleader {via Anticlown, video} Totally fake, but pretty damn cool.
Quote of the Day {via DavidKwon.com}
Before criticizing someone, walk a mile in his shoes. That way if he gets mad at you he'll be a mile away and barefoot.
Sports
Rudy T Rumored to Quit Tonight {via espn} I've been telling people in my office and their response... "Rudy who?"
Celebs
Jessica Simpson Photos {via All The Pink} On the set of the new Dukes of Hazzard movie. I'm sorry, I lost my train of thought.
Jennifer Garner Photos {via The Superficial} At the Golden Globes. She's sort of like sashimi... an acquired taste that you either really love or really hate. There's really no in-betweener's with Bennifer.
Eazy Money - Goog Day Mate!
Squeeze those shorties!
...
$210 and counting. Simply amazing. There is the +/- $20 I was looking for.
I showed my coworkers our blog site. After reading my "Eazy Money" posts
Coworkers: " Dude, did you misspell GOOD? "
Eazy: " ... "
Updated 04:15PM
Let her ride boys...
GOOG beats estimates by a dime! (87c vs. 77c) Consequently, the stock is up a cool $12 and counting. It should be interested to see how much it will move above $200. My Feb 200 call would look pretty darn good right about now! Too bad I didn't have any cash available. It is fast approaching the 52 week high of $205+.
This could lead to a good opening tomorrow.
Updated 01:30PM
GOOG Watch
Wow... The homebuilders sector is on fire today. Most of the key stocks are setting new 52-week highs. Many of them are 50-100% up from their August low (KBH, HOV, PHM, RYL, LEN, SPF, TOL and CTX). Good thing I didn't try to short them!
For the internet sector, nothing good is happening. YHOO, GOOG, ASKJ are all down before GOOG's big earning announcement. I expect GOOG to beat the consensus of 77c, but by how much -- I have no clue. The premiums are quite high on the options (both puts and calls) to make me comfortable. The stock would have to do something drastic either direction +/- $20 to make any strangle/straddle work. If the stock drops to 190, I may consider buying some calls, like the Feb 200.
As for my own stocks, YHOO is getting hammered. I guess people are expecting a bad report for GOOG. AAPL and PNC are both up less than 1%, but it's nothing to quit my day job over. The surprise mover is INTC, up almost 1% today. It has been frustrating (and VERY costly) to see INTC give out positive announcements one after another, but still hovers below $25.
P.S. If GOOG beats soundly, we should see some sweet short squeezies tonight. Stay tuned.
Posted 10:30AM
...
$210 and counting. Simply amazing. There is the +/- $20 I was looking for.
I showed my coworkers our blog site. After reading my "Eazy Money" posts
Coworkers: " Dude, did you misspell GOOD? "
Eazy: " ... "
Updated 04:15PM
Let her ride boys...
GOOG beats estimates by a dime! (87c vs. 77c) Consequently, the stock is up a cool $12 and counting. It should be interested to see how much it will move above $200. My Feb 200 call would look pretty darn good right about now! Too bad I didn't have any cash available. It is fast approaching the 52 week high of $205+.
This could lead to a good opening tomorrow.
Updated 01:30PM
GOOG Watch
Wow... The homebuilders sector is on fire today. Most of the key stocks are setting new 52-week highs. Many of them are 50-100% up from their August low (KBH, HOV, PHM, RYL, LEN, SPF, TOL and CTX). Good thing I didn't try to short them!
For the internet sector, nothing good is happening. YHOO, GOOG, ASKJ are all down before GOOG's big earning announcement. I expect GOOG to beat the consensus of 77c, but by how much -- I have no clue. The premiums are quite high on the options (both puts and calls) to make me comfortable. The stock would have to do something drastic either direction +/- $20 to make any strangle/straddle work. If the stock drops to 190, I may consider buying some calls, like the Feb 200.
As for my own stocks, YHOO is getting hammered. I guess people are expecting a bad report for GOOG. AAPL and PNC are both up less than 1%, but it's nothing to quit my day job over. The surprise mover is INTC, up almost 1% today. It has been frustrating (and VERY costly) to see INTC give out positive announcements one after another, but still hovers below $25.
P.S. If GOOG beats soundly, we should see some sweet short squeezies tonight. Stay tuned.
Posted 10:30AM
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