Dang, wish i was live in market to see it. I like to think i wouldve pulled the trigger when seeing those blocks go through. Just one of those experiences when seeing it happen a few times and the results shortly after >> that will get you in on the next one when you see it happen. LOL, yea makes sense btw.
Does that buying continue or sustain its current pps come monday/tuesday though? hmmmm
Had BIDU $130s and SINA 67.50s in one account. Actually tried to add 67.50s @ .01 in the afternoon, but got rejected(think because i let some options go ITM and expire a few weeks ago and they dont like me flipping the weeklies on friday).
Sold my Bidus a little too early, but allowed me to hold my sinas:
Sold BIDUS @ .48: coulda held for another 300%, but the damn calls were .01 at open so What the heck 01/27/12 Sold to Close -3 BIDU Call Bidu Jan 27 2012 130.00 Call BIDU Jan 27 2012 130.00 Call $0.48 $1.95 $0.09 $141.96 01/27/12 Sold to Close -5 BIDU Call Bidu Jan 27 2012 130.00 Call BIDU Jan 27 2012 130.00 Call $0.48 $8.20 $0.14 $231.66
SO now my 17 SINA calls are running. I figure i should get some out, since they were .01 most of the day. So i sell 9 @ 2.20 and hold the rest for the $70 break, which you could tell was gonna happen:
01/27/12 Sold to Close -9 SINA Call Sina Jan 27 2012 67.50 Call SINA Jan 27 2012 67.50 Call $2.20 $10.30 $0.26 $1,969.44
Then I sold the rest @ $3.00 and called it a day on SINA...
01/27/12 Sold to Close -1 SINA Call Sina Jan 27 2012 67.50 Call SINA Jan 27 2012 67.50 Call $3.00 $0.65 $0.05 $299.30 01/27/12 Sold to Close -1 SINA Call Sina Jan 27 2012 67.50 Call SINA Jan 27 2012 67.50 Call $3.00 $0.65 $0.05 $299.30 01/27/12 Sold to Close -1 SINA Call Sina Jan 27 2012 67.50 Call SINA Jan 27 2012 67.50 Call $3.00 $0.65 $0.05 $299.30 01/27/12 Sold to Close -3 SINA Call Sina Jan 27 2012 67.50 Call SINA Jan 27 2012 67.50 Call $3.00 $6.90 $0.10 $893.00 01/27/12 Sold to Close -1 SINA Call Sina Jan 27 2012 67.50 Call SINA Jan 27 2012 67.50 Call $3.00 $0.65 $0.05 $299.30 01/27/12 Sold to Close -1 SINA Call Sina Jan 27 2012 67.50 Call SINA Jan 27 2012 67.50 Call $3.00 $0.65 $0.05 $299.30