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Buckey

05/18/09 2:49 PM

#89 RE: Buckey #88

I have been dipping my toes in Options. been doing ok - lots of out of the money ones expring and ten baggers.

for May expiry I hit a homer with GNW twenty baggers and AGM I bot 20 $5 calls at a nickel and 4 days later sold them at $3 so that was $100 in and $6000 out.

The onlty June One I had was GNW bot at .30 on the $7.50s so they are about even.

Today I added some June calls

MDCO $7.50 call bot 10 at .40 $400 in
CIT $5.00 call bot 20 at .05 $100 in
C $4.00 call bot 20 at .19 $390 in