SHLD - Quick 41% Profit
1Jun2007 Filed under: Intraday Trading Author: OptionPundit
This one I mentioned on the OP Forum y’day after it announced earnings. It was down about $4-$5 when I picked it up. Decided to close for above 40% profit. Originally I had an income trade as well for OPN subscribers that resulted in 14% profit.
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OPN Performance
This assumes a $10,000 starting and fully invested capital. The current phase started when OPNewsletter was re-opened in Jan'08 for Feb'08 expiration. OPN Month is counted as 3rd Friday of each month same as US Equity option expiration day. Comparison with S&P500 or Dow is not shown as it's unfair to expect from such large institution to deliver high returns. I would rather compare with my own target.
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