LOTTO Plays - 2012
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: 7/26/12
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Priceline.com PCLN
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Play Recommendations: |
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Lotto Weekly Options: 670 Calls (sold)
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Aug Options:
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| 7/26/12 - Wow did you see the action
today? As I said below, this stock has the power to move in very big
way, and that is exactly what happened today. Even though there earnings
are still two weeks away, this stock made a powerful gap up and then
moved higher all day. Needless to say, I was immediately stopped out at
the open and then I jumped on calls.
My Lotto Call Play Today:
============================================================================== The puts were stopped out and I immediately jumped on the calls above!
=================================================================================== 7/24/12 - No love for this stock even though there are accolades to buy buy buy. I guess the "big" money is was waiting in the jump seat and bailed out when things were getting stormy on the markets. I am in this one with tight stops because I know the power this stock has to move back up and so I do not want to get caught without my parachute if that happens. Of course these options are outrageously expensive, so be sure not to invest too much money in them. The earnings are not coming out until Aug 7th so we should see some more selling off until we get closer. This one could be another massive Lotto play so stay tuned! Profits Stop in at 45.00
Target stop is a gap fill back to $600 which is a benchmark price for this stock.
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Profits Up!
The donFranko
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