Monday, March 24, 2008

Open and close 230 BIDU April call options for 17 & 22.20

Well since I missed the boat to buy the call options for BIDU last Thursday. Today, it has a nice pop and I finally jump in to open 230 BIDU April call options for 17 per contract. I ended up closing it in the same day 3 hours later for 22.20. It represents 29.91% profit in 3 hours. Not so bad. Now I just need to watch for my RIMM put options.

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