Sunday, December 29, 2013

Day Trading Using Weekly Options AMRN

Hi Folks,

I sold out of the MCP position Friday at $5.56 vs. purchase price of $4.73 for a 17.5% gain in 2 weeks. Now I am looking to get long AMRN for a ride up soon. This could be a big move currently at $1.82 towards $3.50. Most of the trade set ups I talk about here are in the 2 to 6 week range.
Thanks and Good Trading,

Wednesday, December 11, 2013

Weekly Options MCP

Hi Folks, It has been a while since my last post. I am committing to more frequent posts. With that being said, this will be brief. I am getting long MCP at this level. I believe we are about to get a pop here very soon. Currently trading at 4.73 my 1st target is 5.23 and 2nd target is 5.56. I will keep you posted. Thanks and Good Trading, Tim