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Dear Friend,Hello and welcome. Thank you for providing an opportunity to assist you.
Kindly remain online for a while as I prepare your reply.
Are you referring to Priceline.com Inc ?
yes, ticker symbol PCLN
Yes, Please remain online for a while.
The earnings estimates show that the numbers from Priceline would be in line with the Market estimates with a little positive bias. The meaning is - either they would be in line with what the Markets expects OR may be little better.
The overall consensus is towards long positions, i.e. buying. The technical charts show that the short to medium term target on this stock can be put at 1100-1125.
Is there anything more I can assist you with ?
I am sure this would help. You may please leave a positive rating if this helps as this ist the only way we get compensated for assisting you. Alternatively please feel free to reply back if you need further assistance.Warm Regards,
Are you there ? I request you to kindly put a positive rating if this helped. Feel free to reply back if you need more assistance.
Yes, one more question.
So the target price to sell the 1065 calls would be around 1100 - 1125?
No, you cannot sell calls if you have a bias on the upside.
You can buy and calls with the nearest strike price and wait for the stock price to go to 1100-1125 levels
With the rise in stock price, the call price too would rise.
So what would be the target price?
The target price of the stock should be anywhere between 1100-1125 levels.
I mean the option calls?
Ok.. let me give you the strike prices as well.
If you take the 1065 strike price call, the last price is $10.50, with a stoploss of 7, you can expect the price to reach 15-17
That isn't correct because I paid $43.20
That is the last price
When did you buy this call ?
I am talking about October Month.
You must have paid 43.20 for NOVEMBER expiry which closed at 45.43.http://in.finance.yahoo.com/q?s=PCLN131122C01065000
If you are talking about this, you can expect the price targets of 58-60
correct, I purchased the November call
Yes, then you can fairly expect the price targets of this at 58-60
great, thank you
You are most welcome.
Will do, thank you
In future, if you need to reach out to me directly, just prefix "For Rakhi Vasavada..........." before your question and you will reach me.
Can I ask one more question
Sure, please go ahead.
Thank you, XXXXX XXXXX the general consensus on AMZN earnings tomorrow. Is this positive or negative?
Just a minute....
earnings report after the bell tomorrow
Amazon earnings are expected to be in line with the overall analysis, they are expected to remain flat with no major increase or decrease.
It will not surprise you in either way.
Do you think calls or put options?
I am talking about calls. If you buy them, you cannot expect more than a moderate upside.
Am I clear ? or is there any confusion ?
Are you there ?
So calls would be the play?
Yes, that is right. With no major downside expected, calls should be the play.
Great, thank you again
You are most welcome..!