Reckitt Benckiser Share Discussion Threads

[onlyme] 04/2/2004 10:22

Reckitt Benckiser 1330

Options Trade

Sell 4x June04 1350 Calls @ 51.5 Credit
Buy 4x Sept04 1400 Calls @ 51.5 Debit
Cost = charges + margin

No downside loss.

[onehanded] 04/2/2004 08:00

Consumers targeted by high interest rise, may stop the upward charge. Back to £12 level.

[onehanded] 03/2/2004 15:35

Shorting level reached, hates it at this level.

[brain smiley] 02/2/2004 18:20

A4

I agree.

[a4] 02/2/2004 17:34

Got an upgrade by Lehman Brothers today. Price target £15. At present the most expensive stock in it's sector. I think will find it hard to compete with the supermarkets own cheap labels.

[brain smiley] 30/1/2004 18:01

pretty decisive break below...wot now ? back down to 12.50 i suppose.

[brain smiley] 30/1/2004 14:22

Is it a long from here,will support at £13 hold ? Looks week,I think it will finish under £13 !

[a4] 29/1/2004 11:00

Very low volumes on reckitt this morning

[kaffee] 28/1/2004 08:44

Good call at 12.35 Aposto.

[bertymole] 27/1/2004 18:17

This stock continues to power ahead.Still a good buy.

[brain smiley] 27/1/2004 15:52

looks like its breaking down. back into the 12s again !

[patel investor] 27/1/2004 13:42

its a breakout looks like to me

[straddle] 26/1/2004 13:08

aposto
"I used to do it too before I found the paradise of options". Why don't you join us on the Writing Traded Options (OPTS) thread?

[kaffee] 22/1/2004 20:13

Opendoor.... This share likes ranges for long periods at a time.... check the last year of the chart.

No particular confidence in 13.50... but 13.30 was achieved too easily so I doubt very much that it is the top of the current spike..

[aposto] 22/1/2004 09:29

Hitting against 13.35 for a couple of days now. Could that be it for the time being. Unfortunately I have already a position at 13.50 otherwise I would have taken some now.

[aposto] 22/1/2004 08:43

there are two things you can look at to see where, under normal conditions this will go to for this round of upside. If you draw a line through the peaks of the upside over the last few months you are getting ~13.75. First of all though through Nov, Dec and most of January this has been bouncing between on extremes of 12.30 and 12.85. This means an immediate target of between 13.40 and 13.50.

Personally I will nibble (short) on the 14.00 April calls once it reaches anywhere between 13.40 and 13.50.

[sabir123] 22/1/2004 08:27

Guys on this board probably look at investtech which provides daily technical anaysis updates.

[onlyme] 21/1/2004 23:25

-- aposto

I'm playing RB. with Options too, Liffe ones.
Looking to add a Bearish position if she reaches 13.50 ish.

[opendoor] 21/1/2004 23:08

What do you guys look at to confidently arrive at a value of 1340 or 1350 ??

[aposto] 21/1/2004 14:46

I wish it will go quick to 1340s so we can slowly start the shorting process.

[a4] 21/1/2004 14:43

Big sells going through, but still going up.

[brain smiley] 21/1/2004 13:36

looking good...hopefully it can get to the 1340-1350 quickly.hopefully it doesn't fall away like yesterday.

[kaffee] 21/1/2004 07:42

Brain Smiley, yes that break through £13 looked pretty decisive.... despite the pull back.

New shorting target for me is around your level, approx 1345 -1350... out until then.

Looking to long on a pull back to 1280 or so.

[gradient] 20/1/2004 21:14

i'm glad i'm just a spectator with this share. but if i had to bet i'd say it's going up!

[brain smiley] 20/1/2004 19:58

OOOH !Just about broke out.Hard to know if the bears pushed it down or the bulls are palying games with it. Tomorrow will be interesting but who really cares,its only money !