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Magal Security Systems Ltd. Message Board

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  • reneew97 reneew97 Apr 29, 2004 7:26 PM Flag

    Re: LONGS AND SHORTS. PLEASE READ

    mon +875
    Tues +327
    Wed +545
    Today +435

    The week before +1445 for the week.
    This is just from daytrading activity. I also have an account I use to sell covered calls in which nets me about 10% per month on my money.
    On that note here is a miss on my part I had 1000 shares of OSIP i bought at 30 a few months back and I had been selling CC's on the shares. On friday of last week I sold calls at the 35 dollar level. DAMN, I said but you know It could have gone the other way. I still made 6k, but could have made 60k but you know what, I would rather make the 6k with limited risk than put my head down to have it chopped off hoping for the home run, one base at a time wins the game.

 
MAGS
4.95+0.03(+0.61%)2:51 PMEDT