What Worked Today 11162007

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November 16, 2007

RIMM calls. I got a little more than my $2 today. With all the volatility they finished up to $2.6. Thats .60 higher then my buy price of $2 yesterday – 30% gain.

If we were smart, and I was so close to being smart this morning, we could’ve loaded up on the November 105s when they were .10 bid .11 ask this morning at the 10:15 morning bar. 2200% gain from that price on an intraday basis!!! Would’ve been nice.

Nothing else worked today.

GBT took a major dive at the end of the day and I put in a market on close order for that one early in the day and let it go. I got the worst possible price. Took a 16% gain.

The rest of my calls are for December. SNDK and USU are dogs right now, but I’m hoping I get the pop in USU I think is coming.

For the indexes, I want to sell strength. I think the strength is coming next week early.




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