NTRI APR 2008 CALLS sold out with positive news on stock
I was lucky and that’s about it with a big news piece on Nutrisystems getting a new CEO and saying new revenue will be much more positive. This news brought the stock up 25% from $15 up to $19.90. My options were sold out right over $19 so I was very fortunate to take a small loss and get sold out before they expired.
Description: NTRI APR 20 Call
Stock: NTRI at 19.74
Action: Sold To Close
Quantity: 2 contract(s)
Reg Fees: $0.01
Net Amt: $185.04
Still in positions for AAPL MAY & QQQQ MAY 2008 Calls. Currently up 50% in AAPL calls.
A strong trend is building in Apple after the new iPhone annoucement and lots of positive news on all the earnings the company is making.
This entry was posted on April 9, 2008 by Paul. It was filed under trading stock options and was tagged with aapl, Apple Inc., april 2008, NTRI, nutrisystem earnings, QQQQ, stock news.
I’d sell AAPL, at least partially BWDIK.
April 9, 2008 at 3:14 am
Good job on NTRI. My guess is AAPL will next try to find support at $140. I’m not going to short it though, just wait to buy at that level.
April 9, 2008 at 3:19 am
The market seems to be breaking out to the upside. You should do well on AAPL. I thought there’d be more of a correction here than were was.
April 10, 2008 at 3:25 pm