Bought a few calls on AT&T today. Bought the April 35 call. With American Idol about to start, all those kids sending in their votes via text messaging will boost revenue for AT&T, which owns Cingular.
UPDATE: Sold my call options today for $3.50. This trade made a 180% !! Felt I was pushing it, so I wanted to lock in my profits.
Friday, January 12, 2007
VeraSun Energy Corporation (VSE) Trade 1-10-07
Bought a few put options on VSE. Bought the March 15 put, felt with oil in a mudslide who's gonna put their money in ethanol????? So I went short on VSE.
UPDATE 3-18: This option expired worhtless! Had a change to exit the trade in the early phases for a small profit, but choose to ride it out. Mark this one down as a 100% loss!!
UPDATE 3-18: This option expired worhtless! Had a change to exit the trade in the early phases for a small profit, but choose to ride it out. Mark this one down as a 100% loss!!
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