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STOCK: WFM

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1 STOCK: WFM on Fri May 08, 2015 3:46 am

Playing with Virtual optionsxpress account and have no experience with options at all. I was curious if I were to buy my TGMBFS picks as calls to the target price. For example, for the first pick, I have WFM to buy tomorrow at open (about $43). Target prices are as follows (just example): 1 month = $47, 2 month = $49, 6 month = $51. To get as close to this as possible, should I buy an option that expires in Nov with a strike price of $50? Then I would sell it early if it hits any of the target prices in their respective timeframes, right?

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2 Re: STOCK: WFM on Fri May 08, 2015 9:57 am

Yes, you are right. You can sell it to close or you exercise and own the stock if you are deep in the money. Its up to you.

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3 Re: STOCK: WFM on Fri May 08, 2015 10:00 am

I went for it with the virtual account. Just playing until I get the hang of it.

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4 Re: STOCK: WFM on Mon May 11, 2015 7:29 am

OK...little slow on the uptake...
Why would I want to exercise the option rather than sell the option? What would be my thinking to chose?

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5 Re: STOCK: WFM on Mon May 11, 2015 8:19 am

I think you would sell the option if you didn't have enough cash on hand to exercize it. But what I'm not sure is what is better if you do have the cash on hand, exercising in vs. selling it? Is there an advantage to actually exercising it?

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6 Re: STOCK: WFM on Sat May 16, 2015 10:00 am

Just some TGMBFS technicals.  Note that pick wasn't specifically made based on these technicals, but still interesting discussion pieces.



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7 Re: STOCK: WFM on Sat May 16, 2015 4:38 pm

Yep...I was looking at WFM chart and the Bollinger's. I think it looks very well positioned to perform. I'm betting my money on it.

The more I look at the picks the TGSBFS picks, the more I am impressed with it. Don't know how many you are personally investing in, but I am going to take some positions. I did with WFM and with NBL....though I rather wish I hadn't with NBL...still I think it is a longer term good thing.

I also took positions is stocks that I identified and wonder whether they appear on the BFS anywhere....
THS, LC, TDC, and FTR.

I also bought some time ago...DEPO which dropped precipitously (as I said earlier)...I have bought in to ave. down and am hopeful that the long term positive chart brings it around....

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