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Saturday, November 10, 2007

GOOG: Did you call the top?





Hi everyone

Those of you who have a subscription of Optionetic's Platinum would benefit from this trade that demonstrates what happens when you take profits in a timely manner,

Note that in two occasions, I substituted 3 outstanding long calls (not matched by short calls) Jan 660 calls, for a higher strike price options. By doing this, I did not close the door to further gains to the upside, but I did open the possibility to a sudden decline in the stock price, and to benefit for such a decline. The result was doubled profits, only risking already accumulated profits.

I have also made Vega a tool to make profits. Notice how the recent jump in I.V. has facilitated additional profits.
Please click please on each picture to expand it.

Please visit previous posts in this blog, just click on the "Older Posts" hypertext below

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