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rjm77me
rjm77me vip
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : REAL TIME TRADES FOR WEEK STARTING JAN 24, 2011

Date January 24, 2011  Edited: January 24, 2011    Comments Comments (3)    Rate this post Recommend This Post (84)   
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I will be trading options on SLW - bought today Mar 29 call and sold March 35 calls - my net cost 2.25 for $6 spread - bought 29 calls first and sold 35 calls an hour later. On wek end the report said silver futires were up 1.5% and stock was showing some weakness at open

Took profit in BERSHIRE Feb 80 calls - had established new position on Friday. Barrons agrred with my views of BERSHIRE as value play.

Still trading CSCO MAR 19 calls for 15 to 20 cents profit. Nothing big - fills up the day
Adding GM options to trade watch - have not done any trade as yet in GM

Please do your own home work

Tags : SLW   GM   CSCO   BERKSHIRE   NKE  

3 Comment(s):

Author rjm77me     Date January 24, 2011 11:26 Abuse this post Report Abuse
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I use blogs as communication as it is more real time than the web site entries at P & P. - Option trades can make money or loose money on short moves. The stock may not beat the market and I really do not care as long as my real time account is doing OK.
Author rjm77me     Date January 24, 2011 12:32 Abuse this post Report Abuse
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Adding NIKE - NKE to buy watch - has found support at this price level - based on charts.
Merril Lynch has a buy rating on NKE as of today - will add to the support level
Author rjm77me     Date January 24, 2011 13:16 Abuse this post Report Abuse
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adding RGLD TO BUY WATCH
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