Tag Archives : GE
Posted by Dr Mike on July 8, 2010 0 Comments
Position: 2 Aug 15 Calls
Avg. Price: .50
Sold: .70
Profit: $40.00
I bought the calls yesterday at the close and sold them today about 15 minutes after the open. The stock was recommeded by daytradingradio.com yesterday. I saw it as a short term momentum play, just wanting an overnight trade. Total investment of $100 with a return of $40 for just a few hour hold. The stock gapped up and [...]
