Originally Posted by rossiTK
52 week high
I love the title to this thread, Today was a good day for sure, i have been trading this for quite some time in my IRA, I had 10 Dec. calls bought for 8.80
on 6/26/07 sold 5 @ 16.30 held 5 - sold last 5 @ 18.60 on 8/7/07
I bought 10 March 80/strike @ 41.15 on 10/24/07
still holding through the storm, value today - 76.70
one day net 9,800 total P/L for this option is 35,550
YTD- on DECK - 44,200
I don't think I'll short this one.
I do have tight trailing stop in place. I have very mixed emotions about certain stocks moving like this today. I dumped HPQ some stops where hit on others. The rats are in the house. be careful and USE STOPS!!!