RFY IZ CALL bought it at $1.70
selling price will be at least 4.5
Quote from: Garoh on August 16, 2007, 05:58:45 PM
RFY IZ CALL bought it at $1.70
selling price will be at least 4.5
I'm out at $3.70 this is 205% gain ;D
I sold it too early :(
It passed my target and reached 5.30
At least I'm out with 205%
Anybody home ?? ;D
now 8.10 x 8.30, wow where you right. Any indicator you used that might have signaled such a move?
Quote from: catrader on August 20, 2007, 01:03:55 PM
now 8.10 x 8.30, wow where you right. Any indicator you used that might have signaled such a move?
Well , I missed another one which I sold it for 200% gain but it reach 6000% gain last friday :o
It was for rimm call strike 210 for this month ...
I'm using a very complicated technical strategy ..
I used it for 2 years just on papers not real and I'm using it now since last march ..
look at CSCO (cqy at strike 32.5 ) bought it at 1.75 today and will get out at 2.2 this week .. this is if you want to buy heavy quantity . I bought 100 least but this is a strong compay ..
The reason it went up so much is that it RIMM was doing a stock split. Those usually move a lot faster to the upside than non-stock splits. I wasn't watching RIMM, I should have, and I missed a great daytrade opportunity on Friday. I could have spent $500 on 10 contracts of the Aug 210 call for 50 cents each, then sold them at 3:58 for over $10, making a $10,000 profit in a day! $5000 would have made me $100,000!
Leaira
Quote from: Leaira on August 21, 2007, 06:10:56 PM
The reason it went up so much is that it RIMM was doing a stock split. Those usually move a lot faster to the upside than non-stock splits. I wasn't watching RIMM, I should have, and I missed a great daytrade opportunity on Friday. I could have spent $500 on 10 contracts of the Aug 210 call for 50 cents each, then sold them at 3:58 for over $10, making a $10,000 profit in a day! $5000 would have made me $100,000!
Leaira
Yes this is the one I sold for 200% only and it went up to 6000% :-\
Garoh-
How did you get ok'ed to trade options? I know there are several levels..I'm at level 1, which I believe means I can only write covered calls and a few other things. How do I get bumped up to level 2, where I can buy and sell calls?
Thanks!
Quote from: bjc on August 24, 2007, 03:06:40 PM
Garoh-
How did you get ok'ed to trade options? I know there are several levels..I'm at level 1, which I believe means I can only write covered calls and a few other things. How do I get bumped up to level 2, where I can buy and sell calls?
Thanks!
Yes Level 1 you can only make covered calls , but if you want to buy calls or puts you have to get level 2
ask you broker for option upgrade to level 2 ..
I have both E-trade and Ameritrade for trading options .. make sure you get options for long at ameritrade ..
good luck
Hi Garoh, I've been enjoying your picks, I hope to get back into trading soon and take advantage of them. I was wondering about your technical trading system. Do you have a particular website for screening the criteria you select or is their a database you get data from and import into excel for example? I'm looking to setup and try different strategies based on TA and option greeks and volume do you have any suggests where or how all this data can be easily accessed and downloaded on a daily basis for analysis?
thanks,
Lucror
Anyone thinking about making an earnings play this week with Rim?
Yes
I bought Jan Call Strike $150 today for $0.30 :)
Only $300 cost and will be waiting for an explosion up or down ;D
I hold RIMM common and played the Q contracts for the earnings release, which are going to make a killing tomorrow. Looks like you're going to make some green in that RIMM contract. Congratulations! *Applause*
got very nervous abt RIMM, closed Qs Dec 51 Call today. Currently I am still holding GS 09 Leap Call. Out of MA Dec 220 Call earlier time with good gains.
Good Luck on tomorrow's ER play
bought RIMM DEC 120Put this morning and sold it w/ fast gain
Quote from: gix330 on December 21, 2007, 10:18:02 AM
bought RIMM DEC 120Put this morning and sold it w/ fast gain
Good Move gix330 ..
I still have my Jan 150 Call . I got 300% on the open but now I'm up 100% and not willing to sell it today :)
Thx, Garoh
I was thinking of DT RIMM DEC 120 CALL after sold the 120PUT, but was so nervous. But i will keep an eye on RIMM from now on.
But personally, I think it is time to short RIMM and Qs too. Qs had gap up .8 today, and this gap will be filled, and i expect another big pull back for general market around the beginning of Jan.
Good Luck and Merry Xmas!