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Post# of 72979
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leemalone2k3

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leemalone2k3

Re: 3xBuBu post# 12639

Saturday, 12/29/2007 5:33:19 PM

Saturday, December 29, 2007 5:33:19 PM

Post# of 72979
Played this one like a fiddle!

Heres how I entered the trade:
Bot 10 Jan 45 calls for 6.22= -$6220.00
Sold 10 Jan 50 calls for 4.10=+$4100.00
this cost me 2.12/share or $2120.00 for 10 contracts.

I bought back the 50 calls on the afternoon dip around 3:06 for 3.80 for a $300.00 profit.
Then sold the 45 calls 2 mins before the bell at 6.70 for a 480.00 profit.


It's rare for a play to turn out like that in a one day span.
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