Traders Playground

.buying swing MGM at 7.95 LARGE and +MGMFU OVERSIZED at .90 This is my initial entry into MGM both stock and options, I am trying to buy the options at .90 but if the level 2 shows me that a uptick is coming ill move up to 1.00, there is a 10 cent spread on these low risk in the money calls and high potential stock. I consider this very early in the game on a stock that I believe could see 14s within weeks especially of we can continue up passed the 200 dma on the S&P and the Dow. I am also watching closely the +APVFL calls from friday that are up well over 100% for us already $-) if the markets can pass day highs then I am considering accumulating another oversized stake on these calls .