It looks like a good day to be off of work and watching the markets. There are a Lot of good buys out there, as long as the 4th and the weekend are quiet. One thing about going for the Calls rather than the Stock is that your risk is limited. If you buy $500 worth of Calls and the stock drops overnight the most you can lose is the $500. If you buy $5000 worth of stock to control the same 1000 shares and the stock drops overnight your loss could be up to the $5000. Something to think about if you are looking at stocks that have Options available on them. Just look at some of the Tankage that has taken place on some stocks recently like FHRX and OPWV. Hard to protect yourself from a significant loss if you own the stock.
I also passed on WCOM and all of it's related stocks, Ugh. Just mostly Watching for now until we get over the weekend.
I hope that you can find some Good ones today Matt! Good Luck! :^)
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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