Wednesday, November 21, 2007

PCZ Trade - DEC $60 Call Based on Breakout

Tipped off from Option Addict and liked scalloped cup & handle and strong trend and higher oil prices. Got in based on higher open after break out of $58 and bought the ATM call. Instead of exiting with a small loss after the break of the intraday double top or on the lower close. Instead I sold the NOV $60 calls and then the $55s. This has consistently

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