First $1000 trade – First Solar FSLR @ $196.58 – 1 Contract of FEB 210 CALL @ $10
First $1000 trade
FSLR @ $196.58 – 1 Contract of FEB 210 CALL @ $10 ($1000 plus commission). This looks like the highest probability trade so far.
Notes listed on chart. All of my charts are going up and pushing through BB’s lines building momentum into Feb 13th financial results to be shown. My GTC is up 100% @ $20 or ($2000 sale).
I expect FSLR to move around 20 points in 1 week average 5 pt move a day. My option would have to move around 12 pts to sell me out.
Now I would of liked to wait a little bit longer to get into the trade, but I waited till after all the wild trades were done and entered the trade at 11:11 A.M. EST so I’d make the first move was done to see where it would keep going. I expect it to move past 210 by Friday Feb. 8th and be sold out at $20.
Exact trade details:
Description: FSLR FEB 210 Call
Stock: FSLR at 196.58
Action: Bought To Open
Quantity: 1 contract(s)
Reg Fees: $0.00
Net Amt: $1,014.95
This entry was posted on February 4, 2008 by Paul. It was filed under $1000 options trade, First Solar, fslr, FSLR FEB 210 CALL, FSLR technical chart, trading stock options and was tagged with $1000 option trade, blog, First Solar, FSLR FEB 210 CALL, FSLR technical stock chart, trading.