So there is an excellent option opportunity tonight due to Google's earnings announcement after the bell.
But I will not be taking it due to the cash being committed to a different program (call selling) for future trades. Some may say that I should use the money now. But there being a slight possibility that the trade could be incorrect is enough motivation to keep from making that trade.
So what is the trade? It is a straddle trade with either IBM, Google, and Apple. It is my feeling that the growth in the winning option will outweigh the loss in the other option.
Thursday, January 21, 2010
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1 comment:
Opportunity and Disipline go hand in hand.
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