Friday, February 18, 2011

Profits Taken - CBS


Glory to God! The future is so bright that it's dazzling the market makers - poor guy had to put on a pair of shades after seeing what God did for this trade!
Here's the chart:

Just a textbook play. It went right up to where the target was - such a well behaved stock. I could have squeezed a few more pennies out of it, but you never know when those bears are going to come in and get nasty. Close enough, let's not get greedy.

Originally bought this option for $2.80 and sold it today for $4.30, which gave me a $1.50 gain for 53% ROI in 9 trading days. Very sweet.

Time to look for the next one...

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