Quick 33% gain on GLW
1May2007 Filed under: Intraday Trading Author: OptionPundit
I mentioned about GLW and MRVL here, decided to pick GLW and was rewarded with 33% profits. Here are the trade details.
Profitable trading, OptionPundit
GLW, intraday trading, options trading, stock option trading
5 Responses to “Quick 33% gain on GLW”
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Been There, Done That
AJ
May 1st, 2007 at 9:42 pm
Hi OP,
DNDN is awaiting an important FDA decision on the 15th. Any ideas on how you would play this?
Thanks,
AJ.
OptionGambler
May 2nd, 2007 at 1:54 am
Play it like a drunken slot machine handle puller on a Saturday night in Las vegas, put your rent check along with it, it may double and triple.
cgreene
May 2nd, 2007 at 4:01 pm
I was looking at your trade details and comparing them to the GLW chart and I am puzzled how you executed that trade. I note that GLW went up all day on 5/1, except for the first 30 minutes. Per the screenshot of your trade, you bought the put at 3:40 and sold it that day at 23:31? It would make sense if you bough the put on 4/30 and sold on 5/1 - please help me out - thanks much. Chuck
PS: your website is very helpful and interesting - keep up the great work?
cgreene
May 2nd, 2007 at 4:12 pm
That should be an “!” at the end on my post, not a “?”.
chuck
OptionPundit
May 2nd, 2007 at 8:49 pm
Cgreene, currently I am in asia pacific and therefore my timezone is Bejing, HongKong, and Singapore (which is essentially 12 hrs ahead of US EST time). I travel often and thefore you may find my timings to vary from USEST.