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Thank you IBM for +172.7% profit

Published on July 19, 2007

Thank you IBM for +172.7% profit

July 19, 2007

(for details pls visit www.OptionPundit.net)

ibm-115-call-sepculative.pngThank you IBM for delivering a great quarter and helping me make +173% on your earning announcement. Y’day I purchased 115 calls for $0.55 and sold at $1.50 this morning after IBM has announced a successful quarter. Options were cheap and with a few percentage points move 155’s will be in the money enhancing the gains.

3 Cheers to IBM, I am out and locked my profit already,

The hunt is on. Profitable trading, OP

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