CLOSE: GM +3.9%, BA +15.4%, LLL +12.4%, FLR +40.3%
Posted on April 11th, 2008 by
Mojo
Lots of good fills and exits today with all of this volatility.
We closed our speculative short call on GM. We original sold the Apr 22.50 call +.45 and bought back the call today for -.08. That gives us a profit of +.37 and an actual ROI of +3.9% in one week!
We closed our calendar on Boeing (BA) for a credit of +2.25 returning an actual ROI of +15.4% in four days!
We closed our calendar on Level 3 (LLL) for a credit of +2.26 returning an actual ROI of +12.4% in three weeks!
We closed our butterfly on Fluor Corp (FLR) for a credit 8.42 returning an actual ROI of +40.3% in eight days!
Its been a good day!
Mojo
Popularity: 10% [?]
If you enjoyed this post, make sure you Subscribe to Insane Money by Email
Comments:
(0) comments | Add your comments