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

Review of Recent Option Plays: MRO WNR FTO HOC

Gasoline plays/call option plays:

  1. WNR reached 49.59 &closed@ 49.32(+6.41%), called on May 15( WNR now 39.6, bot 40 June-call option. Target:WNR@40.9,-45, Stop ... -May 15)
  2. FTO now 40.06(+3.86%), HOC now 70.12(+1.08%) , called yesterday( Two stocks for you to watch:FTO now 38.44, HOC now 69.25// -May29)//HOC was first called about 66+ not long ago for call-option
  3. MRO picked around 105 on May8 for call-option play, set new high 122.46 & closed@ 122.1(+2.7%) today.

posted by Blue @ 11:28 PM