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Musky Guy

05/08/12 11:00 PM

#278 RE: beach_trades #277

Whos is that mine?? Look at the uptrend in that CMF....Looks like folks are buying and holding. DANG...You really have conviction to stick with plays! I wish I had that...I am getting better at sitting on my hands though!
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Musky Guy

05/08/12 11:19 PM

#280 RE: beach_trades #277

So I mentioned BAC earlier....I am going to start following this for swing trades I think. The ATM weeklie strike @ .80 right now with a delta of .97. If we can caught this on a .50 move day or more we have made a little over 50%. Not bad if we can hit that once a week. 60 minute chart looks good as of now but we all know tomorrow is a new day! I need to find about 10 options stocks to follow and trade at support resistance levels.



Here is the daily chart as well that just so happens to be right at support!!