Saturday, May 8, 2010

LEGENDARY WEEK FOR THE STOCK MARKET. NOW WHAT?!

Its time to get long. But in America only. Buying American blue chip stocks will be profitable. Europe is not the place to invest. The American economy is doing amazingly well.

Our trades:

Buying 500 shares of BUCY stock at 52.50, selling 5 BUCY call options, May 55s for $2.00.
Expected profit in 2 weeks = $2250. Break even stock price = 50.50.

Buying 500 shares of CRM stock at 77.52, selling 5 CRM call options, May 80s at $2.75.
Expected profit in 2 weeks = $2625. Break even stock price = 74.75.

Buying 200 AAPL at 235.86, selling 2 AAPL call options, May 240s for $7.10.
Expected profit in 2 weeks = $2250. Break even stock pirce = 228.75.


ITS TIME TO MAKE SOME $$$ BEING LONG!!!