Charles Barklay the NBA hall of fame when asked about his trading...I think what I learned is if you are up big with options...sell 50 to 60%.
Always recover your principle
I am not an option traders but study them.
If you own calls and the stock moves why not recover the entire bet by selling a Higher strike price for your initial costs of first option trade?
Big Players are playing percentage trades.
A dripping faucet fills a bucket quicker than an occasional rain storm
when it runs, it will run! But it will take a "meat and potato" news release to do so
the run from a quarter to $16.75 fifteen year ago was HUGE for many.
the run from .80 to $5.50 was also a good one.
People came here at different time frames. so, I do not know where people are in the way of positive or negative return?
Ten years ago, I published a book. Inside, I discuss betting on a long shot horse titled THOR. The winning ticket was $9...Today it is $40.
On a non stock market web site, I posted a trade they gave everyone 15% in one month for Jan.
It's a practice of mine, a way to say thank you for reading my material.
I can not find one link to news.
I have read that the decision is on Monday....Maybe news leaked.
maybe news leaked out?
SPPI traded 2.5 million shares down $2+ from $7 to $5.
this reminds me of someone in Monaco making a movie with a questionable producer....You must research whom you do business with
my two best amigo's...Renoir and Da Vinci.
Stay warm..looking for a Picasso!
I am terrible at short term predictions!
I predicted $120 by Christmas...did not happen.
I predicted $127 by 1-27 ( post dated Jan 23 when AaPL was $112)...did not happen