Great news, Exacctnt! Realize, however, that I only suggest trading MSFT options (or any options for that matter) when the odds are stacked in your favor. I do not recommend trading options daily, weekly or even monthly. Rather, I try to pick opportune times such as this week or the runup to MSFT earnings' release to trade like I did over the past 24 hours.
This is not an everyday profit mechanism, IMHO. That road leads to losses and therapy. Weeks like this one, however, are just too good to pass up. Also, I've tried to stay consistent in my posts and provide insight into my moves *before* I made them so that I could not be accused of rewriting history. Starting on Monday I tried to paint a picture of how this week would shake out, and I think I was somewhat successful in giving some value added guidance. My option trades were my way of proving to the Thread that I believe in the jargon that I spray this Board with, and that I was willing to put my $$$ where my mouth is. Luckily for me, it worked out and I didn't completely discredit myself.
btw, I'm still short those GMST October 60 Puts that I sold. <ggg>
Bring on next week :)
Teflon |
