InvestorsHub Logo
Followers 54
Posts 13444
Boards Moderated 1
Alias Born 06/18/2009

Re: gail post# 162

Wednesday, 08/25/2010 10:43:21 AM

Wednesday, August 25, 2010 10:43:21 AM

Post# of 250
oh boy...gail -- that's painful -- 4K. been there and still am there. frown ever thought of trying playing OPTIONS ?? use less money for great gain/pain ?? poster "leemalone2k3" has some webinars set up. he a straight shooter -- no monkeying around. i still haven't figured options out. seems like my FIRST instinct -- i NEVER listen to. one could have been a millionaire/millionaires. 2 months ago -- saw a twitter post about an article in WSJ about Goldman Sachs and the SEC coming to an agreement. saw that there was hardly any action -- so didn't act upon looking @ the 160 calls which were @ .01 -- just saw action between the 140-150 calls and thought -- naw -- they wouldn't go to 160 -- lots of barking but no bites -- and i even posted here @ iHUB -- and none of the people here said boo -- and then when last half hour CNBC mentioned that the SEC was going to hold a conference call -- booooom! the call options on GS/goldman sachs skyrocketted -- along with the 160s which went that day from .01 to $1.06 -- so there were many multimillionaires made that day! $100 could have netted someone let's say $800K that day if one was to sell 1,000 contracts at let's say .85 ??

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.