BG closed : Profit 94.44%

Published on March 5, 2007

BG closed : Profit 94.44%

March 5, 2007

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 :

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One Comment

OptionPundit says:

March 5, 2007 at 11:14 am

I feel good about my decision of closing the trade, as by now BG has recovered a lot.

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BG closed : Profit 94.44%