Thursday, January 15, 2009

1/15 Trades

Found some time to place a couple trades. This strong rebound off the lows is a great opportunity to leverage options into expiration tomorrow. I'm focused on the beaten-down high fliers:

CME - Bought Jan 170 Calls
GOOG - Bought Jan 310 Calls

UPDATE - Caught the rally too late...stopped out even on both. Hopefully the volatile swings continue tomorrow. At-the-money options are going to get even cheaper.

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