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S&P 500: 1,317.11 Change: -0.21%
rjm77me
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 Money Trades for Monday Nov14

Date November 14, 2011  Edited: November 14, 2011    Comments Comments (2)    Rate this post Recommend This Post (49)   
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Bought MS back again @ 15.96 and sold Nov 18 calls for 16 cents - just a small hedge - had sold MS two days ago 1t 16.42


Bought ING at 7.70 and sold Nov 8 call for 20 cents - 4 days to expire - potential to make 40 on 7.5 investement or keep $20 as consolation money (good for bubbly or some good beer)


Bought back RIG 50 call for 2.27 - had sold at 2.65 this morning


Please do your own home work

Tags : MS   ING   RIG  

2 Comment(s):

Author rjm77me     Date November 14, 2011 13:08 Abuse this post Report Abuse
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LOW VOLUME DAY SO FAR
Author rjm77me     Date November 14, 2011 18:26  Edited: November 14, 2011 by rjm77me Abuse this post Report Abuse
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Stocks Log Sizable Loss on Low Volume
Sellers returned to the fold on Monday to hand stocks sizable losses. Financials led the slide... Financials fell to a 2.0% loss and were weak since the open of trade, which was relatively rocky

Only 25% stocks had 1X normal or above normal volume for the day
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