2 weeks back, I had a nice position in [[IPI]]. I bought 20 calls around 0.55 cents, right now the same calls are trading at $13.30.
You do the math.
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Joined Jan 27, 2008
7,405 Blog Posts
Agree, but is this market not too choppy not to take profits ?
Also, Zanger picks winners maybe 35 % of time. (Your strike rate is astonishing 90% I would say) but he holds his winners for weeks and months and then margins, goes all in, banking insane coin, mind you, with less % of winners.
Lesson learned.
Dow looks good on the Weekly
http://img297.imageshack.us/img297/3107/diarb0.jpg
I like WYNN short here.
Hat tip OA.
I agreed. I was there too. Though still had a great profit.
I was in the same situation with IPI.
If we knew the stock was going that high we would have both bought 2000 call options on it.
Still sucks though
The question on everyone’s mind is… Did you hold them?
Die BIDU.
Blue, I wish I did, I had a huge gain and took it.
But had I held, it would have made my year.
lol @ the market.
AMSC
surprising fly hired you, no offence i mean, 20 calls up 13 bucks wud have made your year ? what your account size ? u allowed to daytrade? lol
Look at VMW short.
Oh well,
turning $1,100 into $26,600 is not fun for you?
i’ll take that anyday.
multiply the 13.30 x 20 x 100
VMW under 63.75 looks like a great short
fun, yes. makes year, no.
SHORT HRB RIGHT NOW.
BAD NEWS COMING
Already in it, thanks to OA.
I guess you are not too bullish on SOHU anymore.
That one died nicely.
http://twitter.com/RaginCajun/statuses/837965365
post on twitter when iBC was down.
What software are you guys using that you read these posts so quickly ?
You seem to read them within seconds of the post.
bought more AKS.
big fight at $68 …. go LONGS!