Losterboy- I think you miss understood me. MER and BAC were trades that Phil did very well with this week. Had another pick where the stock dropped roughly 13%.
After the week of adjusting GOOG and AAPL, really not alot going on. MER trade worked well as did BAC as I mentioned earlier in the week. ELN was an interesesting gamble so can't really find fault there. Mentioned in the post so no issues. Sept calls pretty much totally lost. But the 20 puts sold are going to be tough to recover from. Had another blow up yesyerday let's see if we learn about it on Monday.
Options Trader: Friday Outlook [View article]
Options Trader: Friday Outlook [View article]
MER trade worked well as did BAC as I mentioned earlier in the week.
ELN was an interesesting gamble so can't really find fault there. Mentioned in the post so no issues. Sept calls pretty much totally lost. But the 20 puts sold are going to be tough to recover from. Had another blow up yesyerday let's see if we learn about it on Monday.