Sure thing, PastorP. The CVX play was a bounce after oil recovered from the OPEC decision. Over the holiday, OPEC said they wouldn't cut oil production causing oil prices to drop and US oil companies dropped with them. (Its worthy to note that the airlines are an inverse play with the oil price btw - check that out) Then oil rebounded Monday off its Sunday night low of $64/bbl which causeby dojicross08 - Trading Discussion
This week - W/E 12/5 CVX Jan15 100 Call - 12/1/14 BTO 2C@3.90=795, 12/3/14 STC 2C@5.85=1155, Profit = 360, 45% return GILD Jan15 100 Call - 12/1/14 BTO 2C@4.90=995, 12/3/14 STC 2C@5.75=1135, Profit = 140, 14% return C Jan15 50 Call - 12/3/14 BTO 5C@1.45=740, 12/5/14 STC 5C@2.08=1025, Profit = 285, 39% return GILD Jan15 100 Call - 12/4/14 BTO 2C@5.35=1085, 15/5/14 STC 2C@7.50=1485, Proby dojicross08 - Trading Discussion
Rookie30, I see you discussing a different platform than QCharts. I'm returning to trading after many years away, and I got QCharts. Is Gary recommending something else now?by dojicross08 - Trading Discussion
Howdy folks. Anyone a student of Gary's that can tell me if the success email list is still going? Also, now that splits seem to be out of vogue right now, what are folks doing W&O on these days? I've been out of the loop for a long long time (basically starting over), and any help would be much appreciated.by dojicross08 - Trading Discussion