3SOF

PCUCY This is Call March , strike 175

Got in at $4.30 yesterday . The stock price is $132.5  now , but I expect it to reach 200 in a few months ..

good luck

Garoh
Could you please explain this pick? There is no vol for PCU options, and i dont see any trades on PCUCY March 08 $175 Call
As what i am seeing here, copper might keep raising, but to $200, it is almost 50% gain and will be over 300-500% return on option. But you think copper price will keep raising this high?
Sincerely

Quote from: gix330 on October 19, 2007, 03:14:25 AM
Garoh
Could you please explain this pick? There is no vol for PCU options, and i dont see any trades on PCUCY March 08 $175 Call
As what i am seeing here, copper might keep raising, but to $200, it is almost 50% gain and will be over 300-500% return on option. But you think copper price will keep raising this high?
Sincerely

Hi gix330
You can go to yahoo and see how many cotracts traded yesterday ... 60 contracts yesterday and about 82 the day before ..
If it reach $200 in next 2 to 3 months I'll get more than 800% gain on this 
But let's say 250% is good ...
For this company I think the current Coppre prices is enoigh to get it to around $200 , This company is expanding very fast and soon more cutomers will show up ..as well as technicals says there's more for this stock to go up 

By the way , I bought some shares when it was $55 for investment ..

good luck

thank you for your post.

Current dip really hurt the profit, but since the gap is filled, we would see it run towards our target without problem.

Sincerely

Quote from: gix330 on October 22, 2007, 01:04:04 PM
thank you for your post.

Current dip really hurt the profit, but since the gap is filled, we would see it run towards our target without problem.

Sincerely

gix330 don't worry we still have 140 days for expiration ..

They will announce earnings very soon if it's good I will get nice profits but if it's bad I'm gonna buy double my quantity on the deep as long as I have enough time until expiration ..

By the way , did you buy aapl (APV DD) ? 

good luck

yes, i got AAPL Jan 200C and now it is almost 70% up. I should buy it earlier, but got held by MPEL, and FFIV was really good, reached 3.5 which was almost 200%