Friday, June 5, 2009

RF Option Buys

X $50 Jan 2010 Calls ($3.20)

JOYG $50 Oct Calls ($2.50)

Long shots and probability not in my favor; however, I think U.S. Steel is going to $50 and JOYG is going higher too. However, these are long shots, so be careful. The shares are fine but let's face it, I have never met 1 person who had made money trading U.S. Steel. And as for JOYG, it's a classic RF trade. I bought it at the bottom at $18 and sold it at $28 and now it's at $40. Go figure but regardless, I think we are going higher, so just buy the dips.

2 comments:

  1. Still have JOYG from your $18 call.

    Up 122% - cheers RF!

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  2. awesome gary, wish i could say the same lol

    cheers bud!

    ReplyDelete