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February 17, 2011
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For frequesnt traders, holding for few minutes to few days looks like long time.
For folks who hold for few weeks to an year, it is a different ball game.
It is like buying options on FCX and selling few hours later 45 cents profit on $3.75 investment is OK deal.
In next few days the same option can be $3 to $6 - so each individual has to make the choice.
Traded options for UPL - multiple enteries and made short term profits in last 4 days. Stock is more less at the same level with 70 cents ATR
