.selling swing UAUA 3/4 at 5.75-.70 at 62% PROFIT $-) from 3
Posted: Thu Aug 06, 2009 2:23 pm
.selling swing UAUA 3/4 at 5.75-.70 at 62% PROFIT $-) from 3.50 initial entry. On my formulas multiday negatives are on the verge of clearing but have yet to clear so again if she passes 6.00 I will buy her back but now it seams more unlikely with the weak market and multiday consolidation should be in order. My sweetspot buy back target is as low as 4.75. Big smiles on this play since it was a 2X oversized stock stake and 10X oversized in options money allocation equivalent.