scalf
08-05-2004, 09:50 PM
/images/graemlins/laugh.gif i recommended shorting HDI about two weeks ago at about 61.50
it closed 57.70 today..
recommended puts are .40 from .20 purchase..
i realize it is hard to sell at ask..commisions can be high on penny options..' but i was able to get out at approx 80% gross profit...
HDI remains technically weak..but hey; ya do not go broke taking a profit...
i am guessing the 55 puts will actually end up in the money.., but i took the cash and ran..
gl
/images/graemlins/shocked.gif /images/graemlins/diamond.gif
it closed 57.70 today..
recommended puts are .40 from .20 purchase..
i realize it is hard to sell at ask..commisions can be high on penny options..' but i was able to get out at approx 80% gross profit...
HDI remains technically weak..but hey; ya do not go broke taking a profit...
i am guessing the 55 puts will actually end up in the money.., but i took the cash and ran..
gl
/images/graemlins/shocked.gif /images/graemlins/diamond.gif