Engage (Brian Eno)
Tuesday, April 29, 2008
Apple and Rimm are charging ahead
I was introduced to the idea of purchasing options about a four years ago by a friend who used to be an option trader in Costa Rica. I didn't do very well on my first trade, mainly because I did not understand the concept of Options. They have proved to work very well for my type of trading, in the past six months. Each trade proves to be successful. Rimm and Apple are my positions now.
Tuesday, April 22, 2008
Options are doing well...
I have made several very successful trades of recent. I went with RIMM with a May 120 call, C with a 25 dollar June call and today opened position in JASO with 300 shares long. I hope the happiness continues...
Sunday, April 6, 2008
KBH was short lived...
KBH proved not to be the best idea for a short. The home-builders proved to be a testy lot that may have seen their down days for good. I've reversed my position on KBH and have taken a long position. It is a gutsy move as the home-builders are all at highs for the past six months. I dabbled in a quick short play with COF, Capital One, and made some quick dough. I'm in a good groove right now and want to keep up the smart moves. I'll keep you posted.
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