Replies to post #2166 on Firemandave and friends stock picks

[FiremanDave]

Did you finally come out of the bomb shelter? It's not 2012 yet LOL. I made good bank bought 6$ puts on UNG at 5.82 a share sold them when UNG at 5.63 a share :))

[FiremanDave]

Just in case there are other noobs like me that lurk and are interested here is what happened :) This was done on MGM 13$ Nov calls and 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)