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

Saturday, May 19, 2007

Recent Option Plays- 100% Success Rate

  1. MRO 105May call, reached 9.7& closed@ 9.5(+11%) today, called@ 1.95 last Tues( Call option: MRO 105May @1.95,.. -May 8).
  2. MCD 50June call, reached 2.95 &now 2.85, called@ 1.36 last Thurs( Order Fill CALLMCDJUN50//Option play:MCD June50 @1.36.... -May10).
  3. HOC 70June call, once got@1.3 & sold @1.75. I bought back @1.4 Tuesday, added some@ 1.3 Thurs & it's now 2.2(+46%)...first called last Thurs( Bullish play: HOC@67.16, target: 68.9, 77 stop:67 -May10).// finally moving up big here. HOC reached 70 today.
  4. CVX 80May-call is now 2.8, we called@ 0.9 this Monday; 80June -call is now 3.8(+31%), we called @2.1 this Mon. called ( Bought: CVX JUN80@2.1 MAY80@0.9 //Sell when CVX hit 82.7-83.8 -May 14)//
  5. WNR June40-call, reached 2.3 & now 2.05(+46%). called this Mon( WNR now 39.6, bot 40 June-call option. Target:WNR@40.9,-45, Stop:38.8 -May14) //finally moving up big here. WNR reached 40.63 today.

posted by Blue @ 11:12 PM