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Trader2948

12/14/12 6:18 PM

#93155 RE: HattieTheWitch #93151

Yes long 700 Feb.Calls, I think after the smoke clears here short term she'll trend up, that's why I own them away. Near term and as of now I have been short on all market tops and have done extremely well playing very close @ or in the money. My puts have done very well and at this point I own the calls 10X over for free, but yes I think going forward she'll move up again maybe not 700 but mid 600's are very doable, the options are not very expensive with 300-500% upside potential on them IMO.