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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?


To: Jim P. who wrote (5694)4/17/2013 4:25:26 PM
From: dealmakr   Respond to of 5891
 
Hi Jim,

Looks like a very nice trade and you did outline your thought process from the start. Glad to see it worked out.

Am away on walkabout for a few weeks and am now sitting in Colorado Springs watching the snow. Will this winter ever end?

Good Trading to all

dealmakr



To: Jim P. who wrote (5694)4/18/2013 11:59:25 AM
From: Bocor  Respond to of 5891
 
It is very difficult to find long opportunities like ATLS


Understatement of the year!!



To: Jim P. who wrote (5694)10/17/2013 11:33:30 AM
From: Jim P.3 Recommendations

Recommended By
Biotech Jim
dealmakr
renovator

  Respond to of 5891
 
Closed out of ATLS very long options trade.
Reason is both ARP and APL have lowered guidance and although the stock is still attractive long term My options expire in January.
Closed 70 ATLS 40 calls at $7 this morning while the stock was dropping.
Cost $16,142 and sold for $49,050 for a net short term gain of $32,908.
I needed to wait another month for a long term gain.
Total gain on trades for this position $231,048.
The rest of the trades are in the msg this one is a reply to.
jim