Tuesday, October 31, 2006

Chevron Corporation (CVX) Trade 10-26-06

UPDATE: I sold my call options the other day. Sold 6 @ .80 and 5 a few days later @ .70 for an average of .75. This trade made a 115% gain!!!

Forgot to post this one. I bought a few Nov 70 call options on Thursday before they reported their earnings on Friday. They beat the streets expectations, and the stock rose. My options went up a little, and now are down cause of the whole election thing, but next week CVX will rebound. So I will be adding to my position this week.

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