Been trading forex and backtesting all these while, it's been a long time since I traded options. My last options trade was a $8 win (after comm.) on Citigroup (C) last Monday (19 Nov).
Today, I went in CRDN at 2 separate occassions on a single ticker and scored 2 wins.
CERADYNE (CRDN)
Straight ITM Dec-07 50 Call
(Personal Account) Entry 3.10 Exit 3.40 (9.7% profit within 70 minutes)
(Managed Account) Entry 3.20 Exit 3.40 (6.3% profit within 90 minutes)
My compelling reason to trade: CDRN is upgraded to Buy and target raises to $73!
Day trade based on TCT
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Showing posts with label backtesting. Show all posts
Showing posts with label backtesting. Show all posts
Thursday, November 29, 2007
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