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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 : IDCC Down 16% after hours

Date January 23, 2012    Comments Comments (3)    Rate this post Recommend This Post (37)   
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Free Options Trader Guide

Interdigital Comm confirms conclusion of Strategic Alternatives Review Process; Board Affirms and Expands Business Strategy to Include Patent Sales and Licensing Partnerships - meaning SALE OF THE COMPANY IS OFF


Company also issued up side guidance - Earning date feb 22


I will be buyer around 34 on pull back

Tags : IDCC  

3 Comment(s):

Author rjm77me     Date January 25, 2012 14:38 Abuse this post Report Abuse
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My best trades were buying March call options on BHI, HAL AND BTU on pull back and selling it on up tick.
Enough daily movement to make it wort as a trade. I have been trading only 3 contracts of each and made about 20% return per day.
I have traded in these options for last 3 days - same option every day.
I am not a high roller and just spread in three equities to spread the risk.
It beats by cashing couple of hundred dollars every day for day trading.
My trading costs are $1 per option contract - so can justify smaller trades.
I do hold some core positions which are more of swing trades - holding week to a month.
The portfolio as a whole was up about $1200 for the day
Author rjm77me     Date January 25, 2012 14:42 Abuse this post Report Abuse
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One can have greater profit or loss by increasing the contract size to 10 or 20 in each equity.
I started the day at 9 AM and going to close real time trading for the day
Author rjm77me     Date January 28, 2012 10:38 Abuse this post Report Abuse
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It touched 35 and turned uo - closed above 38 on friday
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