BG closed : Profit 94.44%
Published on March 5, 2007
BG closed : Profit 94.44%
Recall I had mentioned about BG on Friday here (after missing GIFI due to fill). Now either you call it my quick profit taking or disciplined approach (I prefer the 2nd one), I decided to take profit and free-up money for another opportunity. I had initiated this trade on Friday under strict set of conditions. The trade was bot for $0.90 and I sold it for $1.75 that’s 94.44% profit for one day holding.
Here are transaction details :
Stay tuned, Profitable trading, OptionPundit
I feel good about my decision of closing the trade, as by now BG has recovered a lot.