Take some of that profit you made and buy some Cheap Nov $17.50 calls on BSX. Look at the news and look at the chart. It is starting to wake up. I bought 32 Nov $17.50 calls at $0.15/sh. Last trade was $0.20. Already made 30%. Will probably take some of this money(1 $450 Nov call on GOOG) and get some more tomorrow. November might be too close for the $17.50 target. I'll start to ladder out now. May even get some 2009 leaps. They are all dirt cheap right now, but BSX has been beat down for 2 years now and they just posted a profit for the first time in a while. Loss was expected.
Good Luck, whatever you do. Any profit is a good profit.
Dont forget !! Pigs do get slaughtered in this business. Selling was the wise move at the time. I sold half my holdings AH at 451. Will buy back at inevitable dip back down to 430, on its trek up to 500+. NOTHING goes straight up.
I'll be sure to trade on CNBC news and forecasts, LOL!
They're reporting the numbers "as they are released" seem to always be 5 or so minutes after they are actually released.
Check the backgrounds on the CNBC reporters, most don't even have substantial business experience.
Do yourself a favor and at the very least start watching/listening to Bloomberg.
shut the f up! I've been trading options for years and had already made over $10k on Goog since early Sept. I only sold them because I have to pay a big tuition bill for my kid in Dec and I didn't want to lose the money if it went the other way. That's called BEING SMART financially....sometimes being smart hurts.
Yeah, me too. I managed to sell my puts for 1.50 today, but that's about a 75% loss on the trade. Yeah. I love options. I think I'll just stick to buy and hold stocks. Yahoo might be a good one for next Spring. Fidelity restricted my account until Jan 07 to selling only, so I'll be looking into a new broker. Any ideas?