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Thursday, October 27, 2011

Great trade: HAL weekly calls up 495% in 3 days

The power of weekly options:
  • bought weekly HAL $37 call on Mon 10/24 with 4 days till expiration, for $0.23.  
  • Sold  3 days later for $1.37, i.e. $1.14 or 495% profit. (charts from Monday below)

 


bought - Mon Oct 24

10/24/11
Option
Buy Open 
HAL Oct 28 '11 $37 Call w 
Mkt
Day
Mkt
0.23
Executed


HAL Oct 28 '11 $37 Call w

0.25  +0.15  (+150.00%)
Bid (Size)
0.21 (83)
Ask (Size)
0.23 (183)
Volume  
179
Open Interest
1,188

Real Time
10/24/11 1:52:00 PM ET


sold - Thur Oct 27

10/27/11  Option  Sell Close  HAL Oct 28 '11 $37 Call w  Mkt  Day  Mkt  1.37  Executed



HAL Oct 28 '11 $37 Call w
1.60  +1.41  (+742.11%)
Bid (Size)
1.44 (66)
Ask (Size)
1.51 (334)
Volume  
51
Open Interest
1,415
Real Time10/27/11 9:45:00 AM ET


HAL -  charts on Monday

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