10:00am (EST) Ford (F, $8.12, down $0.21) December 6 calls (FLI, $2.50, down $0.18) Entry Price: $1.25 (5/18/09) Exit Price: $2.50 Return: 100% Stop: $2.00 December 7 calls (FLJ, $1.87, down $0.13) Entry Price: $1.00 (5/18/09) Exit Price: $2.00 Return: 87% Stop: $1.30, raise to $1.60 August 7 calls (FHJ,Read more
Trade Updates
Bulls Push Market Higher, Nvidia Trade, Close BofA August Call Options
Futures Pointing Towards Big Open
Halftime Hits
Ford (F, $7.91, up $0.52) continues to push $8 and is looking golden to hit $10 by year-end if not sooner. Rick@MomentumOptionsTrading.com]]>
Trade Updates
11:15pm (EST) Ford (F, $7.39, up $0.27) December 6 calls (FLI, $1.85, up $0.20) Entry Price: $1.25 (5/18/09) Exit Price: $2.50 Return: 48% Stop: $1.45 December 7 calls (FLJ, $1.20, up $0.13) Entry Price: $1.00 (5/18/09) Exit Price: $1.50-$2.00 Return: 20% Stop: 75 cents, raise to $1.00 Action: Another newRead more
Futures Point Towards Strong Open
Wednesday's Wrap
11:30pm (EST) Don’t shoot the messenger… Green Mountain Coffee Roasters (GMCR, $67.50, down $0.25) reported earnings after the bell and said profits doubled but they missed Wall Street’s expectations on the revenue side. I kept mentioning to get out of this earnings trade before the closing bell andRead more