Tuesday, November 13, 2007
Two candidates (11-13-07)
Great day today, but I am still holding my breath and looking for more candidates. Found 2--
EGN: Paper trade the 50 Apr08 calls for $14.40 with a stock price of $62.93. A patient trader would wait for buy levels of $61 and $58.75. Depending on oil prices, these levels may come sooner than later.
STRA: Paper trade the 150 Apr08 calls for $37.70 with a closing stock price today of $179.79. Again, support levels would be right here ~$180 and then ~$168. In reality, these options could cost too much for my small trading account, but for a paper trade, I'll roll with them.
For now,
Masterjaz out
EGN: Paper trade the 50 Apr08 calls for $14.40 with a stock price of $62.93. A patient trader would wait for buy levels of $61 and $58.75. Depending on oil prices, these levels may come sooner than later.
STRA: Paper trade the 150 Apr08 calls for $37.70 with a closing stock price today of $179.79. Again, support levels would be right here ~$180 and then ~$168. In reality, these options could cost too much for my small trading account, but for a paper trade, I'll roll with them.
For now,
Masterjaz out
# posted by Masterjaz Out @ 5:16 PM 
