Monday, April 28, 2008

Since my gut feeling is something money cannot buy....

Cost of last weekend's fun: $110
1 MA May 250 put: $1680 (sold)
2 MA May 230 put: $1220 (bought)
The initial credit: $460
Max potential profits: unlimited (yeah, right)
Max potential losses: too busy to figure that out (duh!)
The way I would feel about my gut feeling looking MA charts If MA drops after its ER tomorrow:

and oh, "Wherever it takes you, the future takes Visa" and V is down in AH after its ER :)

Normally I will never play ER, but just cannot help it this time :P

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