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Re: earlylight post# 51035

Friday, 07/31/2009 12:04:21 PM

Friday, July 31, 2009 12:04:21 PM

Post# of 160314
I'm way out of that one. I think you may be on the wrong side of that trade, at least in the short term. I'd look for FSLR to get down to between $140-$145 for my next entry.

But who knows, I may be wrong. Right now I'm just sitting and watching my BAC $13/CALLS shoot the moon. I bought in on 7/21 for some AUG contracts @ $0.48. We have been slowly increasing every day and now are pushing over $1.50 per contract.

I think we may see $18 on the top side so I bought some Sep $16/CALLS as well.

Other holdings:

SOHU AUG $65/CALLS @ $1.99
T OCT $30/CALLS @ $0.06
DRYS SEP $7.50/CALLS @ $0.50

But Hey, what do I know my "High Risk" portfolio is only up about 60% this month.


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