LOTTO Plays - 2010
These are the results from trades suggested on our "Current Plays" list.
Note: they are suggested entry and exit points! disclaimer Profits Up!!
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LAST UPDATE: 4 / 27 / 10
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As I predicted, we were stopped out today at the open for a very nice PROFIT!! I will monitor this stock for the next entry. The high for these options were $16.00. Notice how this one winner wiped out all our loses on the previous plays. Now our slate is cleaned and ready to catch our next whale of a trade!
========================================================================================== A little profit taking today but our stop held up. If tomorrow brings more selling then we will be stopped out for sure but still making a very nice profit on this one. I think Apple has the mojo to hit $300 and so I will look for the next play should we get profit stopped out!
======================================================================================== We have a LOTTO WINNER going on here!!! Stops moved up to $12.00
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Breaking out!!! Nice solid green bar today on the daily but a little concerned with it coming on less volume than yesterday. Stops moved up and this play is looking like a HUGE winner.
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Kicking it into high gear!! Nice catch on the calls side today. We should see some follow through all week provided the overall market holds up too. Stop in place to lock in profits should Apple suffer some profit taking tomorrow.
============================================================================================================== Apple will release earnings today and with all the buzz about a new iPhone, cellular capable iPad and just the love of this stock, we are looking for a nice rally and long profitable run. This has been apple's trend at earnings, so this will be a very interesting turn of events if they get crushed. Because of the possibility of this, I will do a straddle play and see what happens. I am going to go closer to the money on the calls looking for a nice payday.
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