i glad this trade was posted. LISTEN. you have to remember what got you in the trade and stick to you guns. If you read the post I said by Friday. I am still ok. So when i make money on this trade please dont forget to post and thank me. This is what really happens in the market sometimes and I glad this one is in the spot light. Sometimes you just have to wait. YOU will see. just hold on. We still have 2 days.
Good Trade....I see you ended up with a profit on these purchases...for newcomers, you can see the volatility and if it goes against you...look out...keep posting your trades....thanks and congratulations...
Thanks for the congrats. Crusnthru thought this trade was bad but it was not. He was just like me about 2 years ago. Until I learned this stock market. I was just a little early on the pull, but I know that would just mean more money for me. Thats why i bought more at .50 cents. I going to post at least 10 more trades. Then I think you will start seeing how I make these trades. Now if you are a investor. Do not follow me. I am a trader. I am no bear or bull. I just make money in about 2 to 5 days easy up and down.
ANOTHER good day in profit. For those of you who are following me. The profit for the 111 NOV CALL is as follows:( READ POST)
500 BUCKS AT 1.00 SOLD FOR 1.25= $125 PROFIT 25%
500 BUCKS AT .50 SOLD FOR 1.25=$750 PROFIT 150%
THAT IS $875 in three days. Newcomers don't let volatility scare you from options. This one expires on Friday, but if you buy DEC or Jan the moves are not that great and less volatile. Stay with my post and learn the cycles of DIA and you see when to play long or short.
DIA Nov 2010 111.000 call (OPR: DIA101120C00111000 ) Last Trade: 1.30 Trade Time: 4:10PM EST Change: Up 1.00 (333.33%) Prev Close: 0.30 Open: 0.55 Bid: 1.20 Ask: 1.42 Day's Range: 0.55 - 1.36 Contract Range: N/A - N/A Volume: 7,475 Open Interest: 5,715 Strike: 111.00 Expire Date: 19-Nov-10