MARY4MONEY
806 posts
msg #77651
- Ignore MARY4MONEY |
8/18/2009 11:32:58 AM
what you do is wait for them to decay to the end of the day- then buy them at their lows like the bac 17 calls yesterday at the close---below-- -$3,776.00
2009/08/17 Buy to Open BAC Aug 09 17.00 Call BAC 2.0 $0.28 -- -$56.00
2009/08/17 Buy to Open BAC Aug 09 17.00 Call BAC 2.0 $0.28 -- -$56.00
2009/08/17 Buy to Open BAC Aug 09 17.00 Call BAC 9128.0 $0.28 -- -$255,584.00
2009/08/17 Buy to Open BAC Aug 09 17.00 Call BAC 298.0 $0.28 -- -$8,344.00
2009/08/17 Buy to Open BAC Aug 09 17.00 Call BAC 498.0 $0.28 -- -$13,944.00
2009/08/17 Buy to Open BAC Aug 09 17.00 Call BAC 2.0 $0.28 -- -$56.00
2009/08/17 Buy to Open BAC Aug 09 17.00 Call BAC 3.0 $0.28 -- -$84.00
2009/08/17 Buy to Open BAC Aug 09 17.00 Call BAC 1.0 $0.28 -- -$28.00
2009/08/17 Buy to Open BAC Aug 09 17.00 Call BAC 66.0 $0.28 -- -$1,848.00
2009/08/17 Buy to Open BAC Aug 09 16.00 Put BAC 3.0 $0.25 -- -$75.00
2009/08/17 Buy to Open BAC Aug 09 16.00 Put BAC 243.0 $0.25 -- -$6,075.00
2009/08/17 Buy to Open BAC Aug 09 16.00 Put BAC 3668.0 $0.25 -- -$91,700.00
2009/08/17 Buy to Open BAC Aug 09 16.00 Put BAC 2534.0 $0.25 -- -$63,350.00
2009/08/17 Buy to Open BAC Aug 09 16.00 Put BAC 1709.0 $0.25 -- -$42,725.00
2009/08/17 Buy to Open BAC Aug 09 16.00 Put BAC 20.0 $0.25 -- -$500.00
2009/08/17 Buy to Open BAC Aug 09 16.00 Put BAC 2.0 $0.25 -- -$50.00
2009/08/17 Buy to Open BAC Aug 09 16.00 Put BAC 1.0 $0.25 -- -$25.00
then sell them near their high today--same thing i did the day before--Activity Date Transaction Description Symbol Qty Fill Price Commission Net Amount
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -366.0 $0.39 -- $14,274.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -1.0 $0.39 -- $39.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -1.0 $0.39 -- $39.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -18.0 $0.39 -- $702.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -11.0 $0.39 -- $429.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -5.0 $0.39 -- $195.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -3.0 $0.39 -- $117.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -65.0 $0.39 -- $2,535.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -8.0 $0.39 -- $312.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -5.0 $0.39 -- $195.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -8.0 $0.39 -- $312.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -33.0 $0.39 -- $1,287.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -82.0 $0.39 -- $3,198.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -713.0 $0.39 -- $27,807.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -925.0 $0.39 -- $36,075.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -4314.0 $0.39 -- $168,246.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -1368.0 $0.39 -- $53,352.00
2009/08/18 Sell to Close BAC Aug 09 17.00 Call BAC -2074.0 $0.39 -- $80,886.00
average price for 10000 contract 0.26 sold for 0.39- see how easy it is to get a 50% gain on options-total profit 144000$ in 144 minutes of trading
|