Saturday, January 21, 2006
Good Enough I'd say, 16% ROI
After entering my WM short and watching it move upward, I was a bit worried to say the least.
Now after just one month WM hit 42.50 and I cashed out my options for a 16% return. I think WM has some more room to the downside but I will stick with my trade and exit now. The next week should bring WM a decent rebound so I will stay out and keep my money in my pocket.
This is the second profitable options trade in a row. INTC made some amazing returns and my WM shorts have done the same. Starting off the year up 16% is awesome!
More to come soon!
Investing Guide
Now after just one month WM hit 42.50 and I cashed out my options for a 16% return. I think WM has some more room to the downside but I will stick with my trade and exit now. The next week should bring WM a decent rebound so I will stay out and keep my money in my pocket.
This is the second profitable options trade in a row. INTC made some amazing returns and my WM shorts have done the same. Starting off the year up 16% is awesome!
More to come soon!
Investing Guide
