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CME Trade

Posted by brcurley 
CME Trade
March 15, 2012 07:11PM
CME Trade...
I got in yesterday 3/14 at about 3:40pm when the stock was about 276. I bought 10 March 280 calls for .90 cents. CME had a lot of support under it on the daily chart. It was bouncing off the BBB, 200ma, 50ma and a prior support line. I knew it wasn't going to drop past that point. I got out of the position today around 3:00 when it started to turn on the 34 and 55 chart for 940% profit, closing out the position for $9.40. I think it will keep going, but I guess you could say I was HAPPY IN SEATTLE!!
Re: CME Trade
March 15, 2012 09:25PM
Awesome!! I'm pretty sure you at least made it to Hawaii - way past Seattle! :-)
Re: CME Trade
March 18, 2012 04:07PM
A 940% profit... you took the trade to Hawaii! Good trade.



Edited 2 time(s). Last edit at 06/07/2012 08:53AM by Darcy.
Re: CME Trade
March 20, 2012 02:42PM
BRAVO!! Perfect execution.
Re: CME Trade
March 22, 2012 04:46PM
Good information, thanks.
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