You should switch off your LPM ("lotto pennyplayer mentality") and think twice before entering into way too risky option plays imo... :-) Look at the chart twice and better choose a ITM leap call instead of being greedy..LOL ! I learned my lessons several times aswell..believe me... :-) You can avg down a LEAP which went wrong, but you cant if theres no time left with a shortterm Option play went down !
And btw...some ITM calls are great daytradeflippers aswell..if you suck...just hold em if they run long enough.
CSCO 20$ ones or INTC 18ers or 15ers for example... Go for 20-50% Intraday, sometimes several times a day..so ? I believe this 45$ call is some nice dayflipper aswell..lets watch the intraday chart (bigcharts can chart it nicely) I use scoach.com..but they only chart germany options in RT..
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