BluelightNewsletter

Disclaimer: My personnal opinion is for your entertainment only & should not be used as advice on your decision. I may sell or buy (to cover) my holding according to the market movement. I am not a licensed financial advisor. Please always do your own DD. Set protective stops & not be too greedy. You are responsible for your own decision. I wish you good luck trading. -Blue

Wednesday, May 30, 2007

Option Play: WNR reached 47.55 &closed@ 46.35(+8.5%), called@39.6 on May 15 for 40June-call

WNR reached 47.55 &closed@ 46.35(+8.5%), called @39.6 on May 15. Once up+20% within 2 weeks since called.

June40 -call option rose to 7.6 & now 6.6(+83.33%), we called about 1.6-1.3. Once up about +484% to+380% within 2 weeks since called.

Here's my call :

  1. WNR now 39.6, bot 40 June-call option. Target:WNR@40.9,-45, Stop ... May 15

posted by Blue @ 12:41 AM