I bought 6 DECK March 50 puts at $3.10 today for earnings costing me ($1,874.95). Not a lot of capital at work here as I'm cautious on this trade. Ben
Yeah, money in my pockets from those stingy investors that didn't want to sell higher. I sold at $9.50 and got a net gain of $3,810.10. This trade is unbelievable. Can't believe the profits. I hope everyone is doing the same today too right? Oh and the gains have added up, I'm showing a gain this year of $27,371.85. And that's right, it's a +228% return since I put in $12,000 late last year, and I made it with 1 trade at a time. Of course, there were a few nice ones like DECK today. Ben
Nice trades, Ben. when you guys are bored check out http://www.onn.tv/HomePage/cid/WhisperNumber/ . I am not affiliated with them and have only watched one video. so if it's sucky I am free from blame. have a good weekend.
I bought 5 AZO Mar. 155 calls at $2.25 for ($1,139.95). I'm not using a lot of capital here but who knows right. Ben
155 is far out of the money and that price has never been hit before on this stock I believe, do you normally buy options that far out of the money and at a price point the stock has never reached?
lol, I'll give you my answer tomorrow morning. I'd be a fool to talk before the actual earnings are reported.
ben nice one... do u intend to take profit right away or wait till specific target? yesterday i sold my HBC put right @ the open and mine was the lowest price hahah thanks
frostengine, it looks like AZO has never traded above $148.50, and I don't know if it will trade beyond that level during the trading day. I can safely say that AZO did have a trade at $152 in the early hours of trading though.