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Old 02-26-08, 02:33 PM
optradersc optradersc is offline
STTG Regular
 
Join Date: Mar 2006
Posts: 51
Okay, I've just added RIMM, RRC, and AMED calls today.

Bought 20 RIMM March 106.625 calls at $550. At this point and time, I'd rather stay in the money on long term trades. Total cost was $11,030.

As for potential earnings, I bought 10 RRC Mar. 65 calls at $295 for $2,965.

I also went on the cheap side and bought 20 AMED Mar. 50 calls for only $145 per contract. My total cost on this position was $2,930.

I used a total of $16,925 on new positions today alone. Cash holdings are down to $17,432.65.

20 RIMM Mar. 106.625 calls: $6.40 $12,800
10 RRC Mar. 65 calls: $2.70 $2,700
20 AMED Mar. 50 calls: $1.35 $2,700

My account is currently at $35,632.65. It will be a volatile day tomorrow as I expect AMED and RCC to make some noise. Good luck all, and looking to hit $75,000 after a few weeks of the flu took me out.
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