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Post# of 90887
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moejettah

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moejettah

Re: Breakout post# 7419

Wednesday, 01/26/2011 4:43:54 PM

Wednesday, January 26, 2011 4:43:54 PM

Post# of 90887
Breakout--I got in the calls on this one on Monday when the pps was about $5 less than where it is now. I think it will run to about 112-115 then have downward pressure from the puts. So, it does have a little more steam left but I would just wait for the next round on it. It does this every few weeks. I watch about 15-20 stocks and this is one of them. No particular reason other than it has predictable moves and is volatile enough to make some money on vs. some stocks that just trade sideways and are terrible for option trading.
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