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ospreyeye

02/25/13 10:40 AM

#2010 RE: HomelessMarginCaller #2002

Excellent!.....I'm glad the info. Helps........nicely done w/ AONEQ.....congrats.......thanks for reading the posts......do you ever play options?......check this out........$$$

This is from a newsletter: Options Trading

We just wanted to give ourselves a pat on the back for Friday’s mention of the SPY 151.00 Calls. After observing a pre-market gap-up, we saw a consolidation in the first few hours of trading, which provided an entry opportunity in the .20-range. In the afternoon, the markets surged, bringing in heavy buy-side volume during power hour, sending the SPY to new daily highs into the close. The 151.00 Calls then closed at their high of day at .82. Possible gains of 300-400% were ripe for the taking, so we couldn’t resist pointing out another job well done on our part.
We will continue to monitor the SPY this week. With the momentum experienced into Fridays close, we’re looking for another possible gap-up this morning followed by a pullback and possible bounce.