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S&P 500
5,728.80
(
0.00%
)
US TECH 100
19,493.20
(
-0.02%
)
Dow Jones
42,052.19
(
0.00%
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Brent Oil
74.88
(
1.08%
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Bitcoin
68,528.97
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-0.31%
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Ned Serious

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Ned Serious

Re: None

Wednesday, 03/18/2009 12:51:42 PM

Wednesday, March 18, 2009 12:51:42 PM

Post# of 137481
Veritas,

Re: options and TRWCZ

I had been watching AXL move, and then noticed TRW moving up big and looked into the options for it. The Mar 2.5 Call was .00 - .05, and still being new to options, I watched and didn't make a move (not having extra funds for it either). Then it went to .00 - .15 and today the price crossed 2.50 and the option for it is .25 - .45.

10 contracts of it at .05 = $50 to buy
10 contracts of it at .25 = $250 when selling

I'm going to keep watching these until I feel more confident and then can go into them with a lil more cha-ching.

These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.

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