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Monday, August 31, 2009

3 weeks to go....

Hey



Three weeks to go on the current trade. It is still well above the strike price. There has been no news on the company. Trading volume has been normal. So until we see some news from the company or a competitor, or there is a market wide shift down, the expectation that the option will get called is getting higher by the day. I believe there are thirteen trading days left until expiration.

Monday, August 24, 2009

4 weeks to go.....

Hey everyone

The stock is still well above the strike price with less than 4 weeks to go. There hasn't been any news on the stock. So this just keeps the status quo right now.

Right now Fooled by Randomness comes to mind. I am reminded that there is always a black swan out there and the trading we do is really just a guess on probability.

-As always, I do not fully divulge information on open trades. When the trade ends, I will give out the rest of the details (stock name, price purchased, call purchased, news on company/ETF, chart info) that sort of thing. Please feel free to ask questions and I will answer them the best I can without endangering the trade.

Friday, August 14, 2009

5 Weeks to go.....

No news here. There is 5 weeks to go and the stock is well over the stock price. The time value in the call is almost gone. This I assume means that the traders have left this call option completely as they expect the stock to finish above the strike price.

Wednesday, August 5, 2009

HGSI blog posts

Here are all the posts to the HGSI trade. Let me know what you think.



HGSI 1, HGSI 2, HGSI 3, HGSI 4, HGSI 5, HGSI 6, HGSI 7, HGSI 8, HGSI 9