Options Wonderland

[FiremanDave]

Bubba it worked perfectly! I'm sold on the straddle of calls/puts. I bought calls at .22 yesterday and sold them today at .29 for a really nice profit. I bought my PUTS at .97 and sold them at 1.01 (not alot of profit but not a loss either). I could've done alot better but did my trading by blackberry while at a union meeting LOL. The best part was that I wasn't WORRIED because I had both ends covered. As much as MGM moves it was gonna go one way or the other quite a bit and it went both ways and sold at decent points both times. If I would'nt have been in that meeting it could've been even better. But I am a big fan of straddling Puts and Calls now :))) (still learning :P)