Friday, June 05, 2009 1:27:29 PM
Sold my whole INTC position @ $16.42 / sh.
Profit approx avg 45c/sh. three day hold. I expect there will be a couple more similar opportunities this month
Good trade. It is clear that swing trading provides far more opportunities per month than by selling options. I've made about 50 cents/share per month with fortunate timing. As the option premiums are coming down, probably 40 cents per month is more realistic. Not bad but it looks like you can do easily 2x better trading the swings. I'm going to start swing trading as well. The down side is I will not put in the time required to do it justice.
Andy Grave
Profit approx avg 45c/sh. three day hold. I expect there will be a couple more similar opportunities this month
Good trade. It is clear that swing trading provides far more opportunities per month than by selling options. I've made about 50 cents/share per month with fortunate timing. As the option premiums are coming down, probably 40 cents per month is more realistic. Not bad but it looks like you can do easily 2x better trading the swings. I'm going to start swing trading as well. The down side is I will not put in the time required to do it justice.
Andy Grave
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