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Bought A Ton of Cheap Calls Today For


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#11 thespookyone

thespookyone

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Posted 18 July 2007 - 09:44 PM

Just for the "slingshot record" here, I had posted on Navs earlier post that he should "BRING IT" as I had purchased some 5 cent calls (July 156.00 call,SYHGZ) I purchased 20 early on an order from yesterday at 5 cents, and 30 more at 9 cents(how do they get filled in the middle like that?) around 2:45. A $370 investment that I think has a great risk reward. To be honest, I'm really wavering on count on the SPX, but do see the possibility that in an OEX week like this we push out at high levels. I usually do post my trades real time, but they aren't $400 ones. We seem to be at a serious turning point, but I'll need a bit of confirmation one way or the other before I feel comfortable taking any normal size positions. Spooky

Edited by thespookyone, 18 July 2007 - 09:44 PM.