PureBytes Links
Trading Reference Links
|
What's the point?
khanitha wrote:
> Hi rt's
>
> here goes: I bought one 520 aug call at 11.50 today $1,150.oo it settled
> at 15 or so.
> my goal is in the 30's, currently an order to get out at 33. then load up
> on sep puts
> later this week or early next week. Fantasize with me a moment :) ------
> It hits 33 on thurs/fri then i buy 520 sep puts for around 6 in about a
> week (5 of them with the 3k), then the market crashes and the oex is at 400
> before mid-sep, and the 520's are at 120!
> 20 times 3k equals 60k starting with $1,150.................
> stay tuned.......
> feedback to all rt's appreciated......
> gary
> hawaii
|