NEWS TRADE

Today I read on Briefing that LNKD was upgraded to $190.00. Last time LNKD was upgraded it popped (see 55 chart 2/27) so I was in on the trade watching the 55. I did not wait for a signal since this was a news trade and LNKD’s history on upgrades is most often a pop. I watched my 55 until I got a phone call that would take me away from my computer…so I put in a GTC for $10.00. When I got home I was out of the trade and here are my results.


LINKEDIN
03/22/2013 O STC LNKD Apr13 175 Call 4 $10.00 $14.95 $3,984.84
03/22/2013 O BTO LNKD Apr13 175 Call 4 $7.20 $14.95 ($2,895.07) 1,089.77

Total Realized Gain/Loss for LNKD $1,089.77

Good work as always, Darcy. I was expecting you to say CRM before I opened your post. I'll be keeping my eyes on that one. (Maybe a split on the horizon for LNKD?)

A split? I don't think it will any time soon. I like LNKD because most of the time it doesn't move a lot before the open. Some of these stocks have their move before we ever get a shot at them.