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ced70

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ced70

Re: ced70 post# 49

Wednesday, 02/14/2007 8:56:13 AM

Wednesday, February 14, 2007 8:56:13 AM

Post# of 151
It's gapping this morning. IMO it will be lucky to get over 40.50, but if you got that call option yesterday you should make out about 30-40% ahead. I will be watching for a 40 Feb07 PUT option if it gaps up to 40.50 or so. You should be able to pick those up for 25 cents or so.

I picked up 110 Feb07 Call contracts for 40 dollars each yesterday before close. I am looking for an exit around 55 today in the AM.

CALL or PUT at your own risk. I offer opinions and nothing else. Good luck.

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