"THAT'S JUST MY OPINION" - VOL.- 29
Pay attention to the stocks in your portfolio when that company announces earnings!!! For example today ABT reported poor earnings and even worse poor guidance!! I sold on the opening all my ABT shares @ $38.57 and sold my 02/22/14 $37 calls @ $1.70 breaking even on that trade. The ABT common made 75%. So why sell it now? Remember I'm looking to make all of us 30% this year and I cannot do that with a stock that is going to go down for the next 3 months!!!!
Oh by the way remember the SD calls I bought - the 02/22/14 $5 calls @ .95 cents and I told you to sell @ $1.12 - that was filled yesterday - so you made money on that!!!
Also the AMGN 02/22/14 $100 calls I bought @ $14.50 and told you to sell @ $20.20 - that was filled today - so you made money on those calls!!
I bought more RIG 02/22/14 $41 calls @ $5.50 and have an open order to buy more calls @ $5.10 on an open order!
I bought more C 02/22/14 $50 calls @ $2.45 and have an open open order to buy more calls @ $2.00.
"THAT'S JUST MY OPINION"
Tune in Saturday for more advice!!!
ThankYou;
Len Dwelle
lendwelle@hotmail.com
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