No wammies this time

Exited the IWM on some sad volume but nice direction, well, for what it was.  Considering the market probably traded about 25% of the regular volume, the IWM was up enough for me to make a profit.

Still feeling the sting of holding the last IWM trade too long.  But this starts to make up for it.

Sold:
IWM Jan08 $75 calls (IOWAW), 5 @ $4.60
Entered 12/21 @ $3.85, exited 12/24 @ $4.60
  19% profit, $365.00
  stock price when entered $77.98
  stock price when exited $79.08

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Posted By: Michael

News Category: IWM, Options

 

 

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