A.I.M. Users Bulletin Board

[SFSecurity]

Hi Gang, Taking advantage of personal knowledge can pay off! Since I have a background in information security when I saw Symantec took a 30% nosedive I too a quick look and felt sure that it would not stay down very long so I sold 6 PUT contracts at $19.50 for $1.05 for the May 25th expiration, then I put in a buy to close GTC order.

Today it closed and my net after commissions is $592.28. Not a whole lot but fun to get that much in 7 days. I tried to calculate the rate of return and came up with a ridiculous percentage over 3 million %/per year. Don't you wish one co actually do that without a big risk?

So pay attention to your expertise and those positions that are in that area and take advantage of others panic or over exuberance. You might well make enough to a really good dinner out.