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Re: MWM post# 2227

Wednesday, 04/29/2009 11:58:10 PM

Wednesday, April 29, 2009 11:58:10 PM

Post# of 4492
I also hold calls , i hold the JAN2010 CALL $2.50 contracts I have been buying them for months now . hold more then I should , bought some at $.15 and some at $.20 , I plan to sell half for $.30-$.50 range , soon , and hold balance for $2+? , I also hold small amount of the common , I should have loaded up on common <$.70 when I had the chance , I bought the calls for $.15 instead , 600 contracts @ .15 per / $9000.00 invested , I am up about $3k on the $.15 options , BUT > if I would have bought the common @ $.70 I would be doing a LOT better , almost doubled up $8k+ using todays high... I want to see CDE common stock tracde $2.50 by end of May , JAN2010 CALL $2.50 OPTIONS should trade at $1++ IMO
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