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Alias Born 09/11/2004

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Saturday, 03/24/2007 2:10:45 PM

Saturday, March 24, 2007 2:10:45 PM

Post# of 72979
Hey guys Im kind of new to this whole options thing and was looking for some advice. I have been trading pennies for a few years and had some winners and some losers of course. I have been researching options trading for a little bit now as it seems very interesting. Since I already have the guts for pennies, I figured options wouldn't be too far off. I think I would have more success playing with the big boy stocks anyway. I'm currently looking at STZ which has April 20 strike calls at around .90 cents. Just a few days ago I could of got the same call for about .60 cents. I think people have overreacted to their lowered guidance and I think at least in the short term it's going higher. Add the fact that they just acquired SVEDKA(my favorite cheap vodka), I think the stock is good overall. Thoughts?
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