Quick trade on TXN

Discussion in 'Stocks' started by hajimow, Apr 21, 2009.

  1. hajimow

    hajimow

    I believe TXN will hit $18 by May option expiry date( I believe it will happen much sooner). It hit 18.20 AH yesterday after the earnings. Their result was not that bad. I am playing on buying Call may 17.50 to take advantage of today's pull back for a quick profit. Now TXNis trading at 16.65 and the option is trading at 0.40
     
    #1     Apr 21, 2009
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  2. hajimow

    hajimow

    It is working as of now.:)
     
    #2     Apr 21, 2009
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  3. hajimow

    hajimow

    Closed the position with 100% profit in a day. Booya.
    Now I am buying EWJ June Call strike price 8 for $0.8.
    EWJ is traded at 8.55 now.
     
    #3     Apr 22, 2009
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