Blog Archives

Just went Long the GLD 170 November Call Options

I just went long the November GLD 170 Call Options at 3.30.  I think gold is about to bounce back up to the old highs like a boomerang.  We are still in the very favorable seasonal time frame for precious metals. Yes, September was a disaster for the precious metals

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Posted in Gold Market, Stock Option Trade
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Long the SDS 22 April Call Options Looks Like a Great Trade

My bear fur is starting to grow thicker by the minute and the SDS 22 April Call Options are looking like a good deal to me currently trading at 95 dollars per contract. I think a good move is coming down in the market and up in the inverse ETFS.

Posted in Stock Option Trade
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Closed out the AIG January 40 2011 Calls Today

Today I closed out the AIG January 40 2011 Calls for a 66% return.  I do not like the shooting star in AIG right now and hammer reversal, not to mention the total collapse of the BKX Banking Index.  Definitely do not want to be a pig at this juncture.

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Posted in Stock Option Trade
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Went Long The AIG January 2011 40 Calls

I went long the AIG January 2011 40 Call Options this morning.  Yesterday I did a post on how the market looks quite bullish into end of year and the bias should be topside fairly persistently.  Well if I have a strong conviction like that why not act on it?

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Posted in Stock Option Trade
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