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Originally Posted by Arthur626
Picked up the BMCGG calls at .28 Strike 35.00 on BMC. Bought STOGF Calls for .55 strike 30.00 on STO. Trying to get more STOGF at .50
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Both stocks did well on Friday. BMC had a nice 4% increase.
I think you might have want to give yourself a bit more time in the options even if there just a quick swing play becuase right now the price on those calls are decaying pretty fast. Time is not on your side.
Both stocks look good.
With a built in crude oil inventory over the summer all the refiners are sure to experince higher demand as a result which obviously translates to higher revenues for them. STO being a refiner in Norway where gasoline is much higher than in the U.S on average is going to make more revenues as a result. Not only that but their revenues are in euros while their expenses are in dollars becuase they buy most of thweir equipment from the U.S thus creating a favorable balance of trade.
BMC looks good to. They have one of their main headquarterss right next to my house and its amazing.
They have been buying shares back which is a big bullish sign. Their main competition CA is just a mess from a finanancial standpoint with all of their accounting irregularities. They've been selling buildings in order to finance their prime business model. This will obviouslyy allow BMC to gain a lot of market share in the software industry.
I like the companies but be sure to give yourself a bit more time in those plays.
















I got plenty to say about these guys...Where do ya want me to start?
Rumor has it, a executive resigned four days ago and they are just releasing it public now(friday)........

I think you made a new option buddy >bigbull..lol


me there <<< that is Why I love it there so much.....lol