good thing i sold that puts ahead of gdp. looking to sell the calls for profit and hold the puts
post #601 of 949
10/29/09 at 1:37pm
I held mine alittle longer($2.47) since I bought them this morning @ $1.94. You are making a killing on FCX.
yeah fcx has been one of my best options go to stocks this year. seems like i have a few that i nail and a few that nail me. nice thing is i do good no these plays way more than i do bad on the others. i guess its because i only make those bad plays when i know i have made enough profit to take a chance. like yesterday when i bought 10 goog nov. 490x puts. i full well knew that i would get my ass handed to me on it but a few time a month i am willing to take those gambles if i have made plenty to cover it. couple times this year that 1500 bet on goog has paid off and came out to be nearly 10k.
past three plays on fcx have been good though.
bought 10 fcx 80x calls at 2.76 sold at 4.70
bought 10 fcx 75x puts at 1.61 sold at 3.90
bought 10 fcx 80x calls at 1.60 sold at 2.40