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PCola77

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PCola77

Re: PCola77 post# 4

Monday, 09/21/2009 2:48:31 PM

Monday, September 21, 2009 2:48:31 PM

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Well, I got smoked. had an plan to sell half at 1.40 and hold the other half until the end of the day. AIG had like it's 3rd flattest day in 2 months, and my options expired worthless. AIG is up almost 20% today, and had this happened on Friday, I would have sold 50 calls at 1.40 and been holding 50 more at over $6 right now, wihch would put me up $30,000 right now. Amazing how one day can be a swing of close to $40,000 for me. Oh well, nothing I can do now.
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