Good trade and good food...every Sunday for me. That was a $.30 gap and I'm finding that large gaps are tricky...might as well short them: only TTIM did well out of 8 $3-20 most% gap ups. I deleted a bunch and found wfmi soda rovi uctt ilmn as good 0/small gap candidates and they ripped. Your thoughts. A good friend of mine started off with $12k in Jul now has made $21,500 buying and selling stock, writing puts, selling calls on clne coco yge skx!! Not shabby!I think I've lost that amount!!
Forgot to add: he makes $150 day with these strategy. One of the traders on a IHUB site bot 400 RIMM 65c weekly at .18 $6400 and sold for 21,750!! Could have bot the puts right after.
4 comments:
Good trade and good food...every Sunday for me. That was a $.30 gap and I'm finding that large gaps are tricky...might as well short them: only TTIM did well out of 8 $3-20 most% gap ups. I deleted a bunch and found wfmi soda rovi uctt ilmn as good
0/small gap candidates and they ripped. Your thoughts. A good friend of mine started off with $12k in Jul now has made $21,500 buying and selling stock, writing puts, selling calls on clne coco yge skx!! Not shabby!I think I've lost that amount!!
Hello bl.
Must admit I haven't done a lot of research in relative performance of big gaps vs small gaps. But very large gaps I do tend to ignore.
yep..options have advantage of leverage..works both ways though.
He didn't buy the options just sold them and works well in a bullish market.
Thanks
Forgot to add: he makes $150 day with these strategy. One of the traders on a IHUB site bot 400 RIMM 65c weekly at .18 $6400 and sold for 21,750!! Could have bot the puts right after.
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