Thursday, January 15, 2009

Trade

  • Today morning i bought Jan 70 PUT option for SRS at 1.70. It is expiring tomorrow and i just put it looking at srs price going up but not the momenum on my indicator. I was continuously monitoring prices and SRS wasn't going down so i was getting nervous and stopped looking at it. I check its price around 3.30 PM today at it was at 6.40 so i just sold it immediately. Actually it went upto 9.00 but i am happy that i made 270% profit in few hours. I will put my chart analysis later for my reference.

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