Selling Swing: selling PALM 4 calls around 330% PURE PROFIT
Posted: Fri Apr 16, 2010 12:12 pm
Selling Swing: selling PALM 4 calls around 330% PURE PROFIT will be selling them into the close between 1.70-1.55 areas , she is light and will be patient exiting her so sending email early. Also selling PALM 5 strike calls with to exit around .60s on the 5 strikes. We entered the PALM 4 strike calls at .37 so that one has been great but am disappointed that we did not get the takeover bid this week. am now turning to the may calls next for the takeover should see bids most likely into monday but if not surely before may expires, the question is how high.