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ITT Educational Services Inc. Message Board

  • lesspheus lesspheus Feb 1, 2013 12:21 PM Flag

    Another $2800 in two days on my ESI puts

    I posted the other day that I sold 30 Feb $17.50 puts at $1.75. Bought them back this morning during the spike for $0.81. Net profit of $2820 minus about $20 for commissions. Now this pig is back to $16.80. I've made $6500 in a few days on this and I am ready to load up on more stock and puts when this P0S undoubtedly drops again. Then you all will bid it up and I'll sell it back. Easy money.

    Those that have kept this stock over that time period have no gains to show for it. ESI is going down!!!

    Sentiment: Strong Sell

 
ESI
0.3580.000(0.00%)Sep 2 4:02 PMEDT