AI
Tuesday, July 28, 2015 11:48:49 AM
How are you pal?
GM Sir, to be honest, you and Cap helped me out a lot with that trade. CAT has been on the watch list for years, but I had not traded it lately. When I lose on it, I try to leave them alone for 30 days, because of the wash rule.
You guys mentioned it, and got me looking. The 30 days had passed, and it was eligible for ATM duty. It's kind of like ADM, typically a slower mover, so the premiums aren't bad. Unlike some of the other fuddy duddies, they do make the occasional big move of multiple dollars that will turn the low premium buy, into a high beta gain.
gotta love it!!!
GM Sir, to be honest, you and Cap helped me out a lot with that trade. CAT has been on the watch list for years, but I had not traded it lately. When I lose on it, I try to leave them alone for 30 days, because of the wash rule.
You guys mentioned it, and got me looking. The 30 days had passed, and it was eligible for ATM duty. It's kind of like ADM, typically a slower mover, so the premiums aren't bad. Unlike some of the other fuddy duddies, they do make the occasional big move of multiple dollars that will turn the low premium buy, into a high beta gain.
gotta love it!!! 
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
