Enjoyed the newsletter as always man keep up the good work. Great call on Ebay I sold 20 of my 30 ebay calls at .73 yesterday for a gain 0f 122 percent! I woke up a little late otherwise I wish I would've sold them at their peak of $1.22. I'm still holding onto the rest of them hoping for another minor rally even though I'm still up from my entry point at .30. Great call on Bidu as well, wish I would have bought in. Anyways, are you still Bullish on those Rig Apr 85 calls? Haven't bought in yet but was thinking about it. Regarding JDSU, I saw where the May 22 calls closed today at .82. What do you think is a good entry point on these calls? Are you more bullish on the RIG or JDSU, I'm contemplating which or both trades I want to make next.
Thanks man. As far as RIG goes, you can buy the calls if you want, but I wouldn't hold over the weekend unless you plan on averaging down again on Monday. They expire next Friday so be careful if you play those.
JDSU you can buy at any price around here. It hasn't broken out yet so anywhere in this range is good. I plan on buying this morning and then adding more next week if it doesn't breakout.