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BB&T Corporation Message Board

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  • matollionequay matollionequay Feb 12, 2009 4:31 PM Flag

    Bought trading shares

    Well, I bought in but higher than all of you. I bought at 16.74 and got sick most of the rest of the day. This pm I decided to get some protection and sold the March 15 for 2.81. I'm protected to about $14 with limited upside of a dollar which is about 7.2% for 5 weeks rent.

    The shares I bought on Jan 22 were the basis of selling 10 March 22.5 calls for $1.98. I closed them today at .29. Hoping for rainbows on that but it can only cost me $290 if nothing good happens.

    One thing is clear: No one and I mean no one is granting BBT any consideration for its alleged better performance. We are under the bus with the rest.

36.88+0.29(+0.79%)Jul 22 4:02 PMEDT