Saturday, January 11, 2014

SORRY - I WAS NOT VERY CLEAR ABOUT MY OPTION TRADES IN MY LAST BLOG

                                                      "THAT'S JUST MY OPINION" - VOL. 24
I apologize to you about how unclear I was about the option trades I have recommended! So I will try to clear that up for you!
SD - options - I bought 02/22/2014 $5.00 calls @ 0.95 cents - I want you to put in an open order to sell them @ $1.80
By the way SD - if and when it has two closes over $6.97 - it will not meet resistance to about $11.00 a share!
                                                       "THAT'S JUST MY OPINION"
ABT - options - I bought 02/22/2014 $37 calls @ $1.70 - I want you to put in an open order to sell them @ $3.40 - doubling your money! ABT will be reporting earnings soon!
AMGN - options - I bought 02/22/2014 $100 calls @ $14.50 - I want you to put in an open order to sell them @ $24.40.
DIS which I bought @ $50.29 - I sold 03/22/2014 $77.50 cover calls @ $2.40 - I want you to put in an open order to buy them back @ 0.10 cents.

I hope that clears that up!!!

Thank You;
Len Dwelle
lendwelle@hotmail.com

     

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