Saturday, October 3, 2009
College Football... Stock Trades...
I am not sure if any reader at this juncture would/should follow my college football selections since I have have managed to go 0-6 the last two weeks. However, I will look toward vindication, as I have never had a losing season in football selections. This week I like:
I entered into 1/7.5s calls on PQ at .35... It was... was.. on a terror until the Purchasing managers report on Thursday left off a bit of steam. News that three more rigs will be on line soon. Couple this with a weaker dollar and this one should have a decent run.
I entered into LVS 11/13s puts... and was immediately rewarded with a 10% loss in the option value. However, I look for a rather bleak economic picture to take a bit of sap out of this tree.
NEOP reached a 52 week high of 1.40 before selling off a bit. Should make another run at 1.50
Posted by at 4:38 AM