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I have been dipping my toes in Options.

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Buckey Member Level  Monday, 05/18/09 02:49:10 PM
Re: Buckey post# 88
Post # of 104 
I have been dipping my toes in Options. been doing ok - lots of out of the money ones expring and ten baggers.

for May expiry I hit a homer with GNW twenty baggers and AGM I bot 20 $5 calls at a nickel and 4 days later sold them at $3 so that was $100 in and $6000 out.

The onlty June One I had was GNW bot at .30 on the $7.50s so they are about even.

Today I added some June calls

MDCO $7.50 call bot 10 at .40 $400 in
CIT $5.00 call bot 20 at .05 $100 in
C $4.00 call bot 20 at .19 $390 in

Investing is for those who don't know how to trade
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